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CENSUS TRACT

Census Tract 415.03

North Carolina · Cabarrus County · 6,366 residents · 8.285 sq mi
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405.01415.04415.03
TRACT SHAPE · Cabarrus County, NC
The short version

Census Tract 415.03 is wealthier than most US places, with a median household income of $106,569. Population has grown 32% since 2020. 52% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has risen by half since 2020, reaching $437,800. Poverty is rare here, at 1.4% of residents.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 37.3
US median: 38.9
More educated
52% hold a bachelor's degree
US average: 36%
Less affordable
home values up 36%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
6,366
+32%since 2020
from 4,819 in 2020
2020 – 2024
Population density
768 / sq mi
+32%since 2020
from 582 / sq mi in 2020
US average: 281
Median age
37.3
−1%since 2020
from 37.5 in 2020
US average: 38.9
Population, 20202024
5K5K6K6K7K20202024Census Tract 415.03
20246K
20202024
Section 02

Income & economy

Median household income
$106,569
−12%inflation adjusted, since 2020
from $99,375 in 2020
US average: $82,259
2020 – 2024
Per capita income
$48,360
+30%since 2020
from $37,106 in 2020
US average: $44,673
Households earning $100K+
76.5%
+12.7 ptssince 2020
from 63.8% in 2020
US average: 53.3%
Poverty rate
1.4%
−2.7 ptssince 2020
from 4.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.400
+15%since 2020
from 0.349 in 2020
US average: 0.476
Workforce by industry, 2024
Other services14.2%
US avg: 6.7%
Public administration13.4%
US avg: 4.8%
Information8.6%
US avg: 10.8%
Arts, entertainment, food7.9%
US avg: 1.9%
Retail trade7.8%
US avg: 9.9%
Wholesale trade7.8%
US avg: 6.9%
Transportation & warehousing4.4%
US avg: 2.2%
Finance & insurance4%
US avg: 5.9%
Professional, scientific, technical4%
US avg: 5.1%
Agriculture, forestry, fishing0.8%
US avg: 1.6%
Construction0.8%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$437,800
+36%inflation adjusted, since 2020
from $265,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,760
+1%inflation adjusted, since 2020
from $1,433 in 2020
US average: $1,442
Owner-occupied
91.0%
+1.1 ptssince 2020
from 89.9% in 2020
9.0% rent
Vacancy rate
9.8%
+3.8 ptssince 2020
from 6.0% in 2020
US average: 10.0%
Owner cost-burdened
22.2%
+6.6 ptssince 2020
from 15.6% in 2020
US average: 22.9%
Renter cost-burdened
21.6%
−7.4 ptssince 2020
from 29.0% in 2020
US average: 47.4%
Afford Score
4.1
+54%since 2020
from 2.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 415.03 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic59.8%(2,880)
Black21.6%(1,042)
Hispanic / Latino9.1%(440)
Asian7.1%(340)
Other2.4%(117)
Diversity Score72.8%(3,507)
2024
White, non-Hispanic54.9%(3,497)
Black27.3%(1,736)
Hispanic / Latino8.5%(543)
Asian6.8%(431)
Other2.5%(159)
Diversity Score76.4%(4,865)
Diversity Score
76
+5%since 2020
from 73 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
51.9%
+9.0 ptssince 2020
from 42.9% in 2020
US average: 35.6%
High school or higher
98.5%
+1.2 ptssince 2020
from 97.3% in 2020
US average: 89.6%
Graduate degree
14.6%
−1.1 ptssince 2020
from 15.7% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
33.4 min
+6%since 2020
from 31.6 min in 2020
US average: 26.5
Drive alone to work
65.5%
−13.9 ptssince 2020
from 79.4% in 2020
US average: 68.9%
Carpooled to work
1.4%
−10.3 ptssince 2020
from 11.7% in 2020
US average: 8.5%
Public transit
0.0%
−0.7 ptssince 2020
from 0.7% in 2020
US average: 3.2%
Worked from home
29.6%
+23.5 ptssince 2020
from 6.1% in 2020
US average: 15.0%
Walked to work
0.0%
−1.1 ptssince 2020
from 1.1% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
1.2%
−3.5 ptssince 2020
from 4.7% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.7%
Unchangedsince 2020
from 3.7% in 2020
US average: 5.2%
Labor force participation
74.9%
−1.1 ptssince 2020
from 76.1% in 2020
US average: 63.5%
Self-employed
10.1%
−1.3 ptssince 2020
from 11.4% in 2020
US average: 13.1%
Management & professional
47.7%
−4.3 ptssince 2020
from 52.0% in 2020
US average: 42.5%
Section 08

People & community

Male
50.8%
−0.2 ptssince 2020
from 50.9% in 2020
Female
49.2%
+0.2 ptssince 2020
from 49.1% in 2020
Foreign born
8.4%
−6.6 ptssince 2020
from 15.0% in 2020
US average: 14.1%
Veterans
6.7%
−1.0 ptssince 2020
from 7.7% in 2020
US average: 6.2%
With a disability
7.8%
Unchangedsince 2020
from 7.8% in 2020
US average: 13.3%
Uninsured
3.2%
−1.4 ptssince 2020
from 4.6% in 2020
US average: 8.4%
Broadband at home
98.1%
+4.2 ptssince 2020
from 93.9% in 2020
US average: 91.0%
English only at home
86.6%
+3.6 ptssince 2020
from 83.0% in 2020
US average: 77.7%
Spanish at home
2.1%
−5.1 ptssince 2020
from 7.2% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 6,366 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $106,569 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $437,800, and the typical rent is about $1,760 a month.

How educated are people in this census tract?

About 51.9% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 1.4% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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