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CENSUS TRACT

Census Tract 415.07

North Carolina · Cabarrus County · 4,814 residents · 8.294 sq mi
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415.0456.21415.07
TRACT SHAPE · Cabarrus County, NC
The short version

Census Tract 415.07 is significantly wealthier than the US average, with a median household income of $143,495. Population has grown 32% since 2020. 47% of adults hold a bachelor's degree or higher. Median home value has risen by half since 2020, reaching $502,500. Households here earn about 61% more than the Cabarrus County median.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.8
US median: 38.9
More educated
47% hold a bachelor's degree
US average: 36%
Less affordable
home values up 41%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,814
+32%since 2020
from 3,655 in 2020
2020 – 2024
Population density
580 / sq mi
+32%since 2020
from 441 / sq mi in 2020
US average: 281
Median age
38.8
+5%since 2020
from 37.0 in 2020
US average: 38.9
Population, 20202024
4K4K4K5K5K20202024Census Tract 415.07
20245K
20202024
Section 02

Income & economy

Median household income
$143,495
+31%inflation adjusted, since 2020
from $90,568 in 2020
US average: $82,259
2020 – 2024
Per capita income
$51,400
+44%since 2020
from $35,594 in 2020
US average: $44,673
Households earning $100K+
74.9%
+20.2 ptssince 2020
from 54.7% in 2020
US average: 53.3%
Poverty rate
7.1%
+5.2 ptssince 2020
from 1.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.378
−6%since 2020
from 0.404 in 2020
US average: 0.476
Workforce by industry, 2024
Other services19.7%
US avg: 6.7%
Public administration18.3%
US avg: 4.8%
Information9.5%
US avg: 10.8%
Wholesale trade7.7%
US avg: 6.9%
Finance & insurance7.2%
US avg: 5.9%
Professional, scientific, technical6.8%
US avg: 5.1%
Retail trade6.3%
US avg: 9.9%
Transportation & warehousing4.7%
US avg: 2.2%
Education & health services0.4%
US avg: 0.9%
Arts, entertainment, food0.4%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$502,500
+41%inflation adjusted, since 2020
from $293,400 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,274
+78%inflation adjusted, since 2020
from $590 in 2020
US average: $1,442
Owner-occupied
88.6%
−2.3 ptssince 2020
from 90.9% in 2020
11.4% rent
Vacancy rate
5.1%
−9.2 ptssince 2020
from 14.2% in 2020
US average: 10.0%
Owner cost-burdened
12.6%
−3.3 ptssince 2020
from 15.9% in 2020
US average: 22.9%
Renter cost-burdened
62.5%
+0.5 ptssince 2020
from 62.0% in 2020
US average: 47.4%
Afford Score
3.5
+8%since 2020
from 3.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 415.07 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic84.2%(3,078)
Black0.6%(22)
Hispanic / Latino10.1%(370)
Asian5.1%(185)
Other0%(0)
Diversity Score34.7%(1,270)
2024
White, non-Hispanic55.1%(2,654)
Black6.9%(334)
Hispanic / Latino14%(672)
Asian14.3%(690)
Other9.6%(464)
Diversity Score80.2%(3,863)
Diversity Score
80
+131%since 2020
from 35 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
46.5%
+5.7 ptssince 2020
from 40.8% in 2020
US average: 35.6%
High school or higher
94.5%
+3.1 ptssince 2020
from 91.3% in 2020
US average: 89.6%
Graduate degree
17.7%
+2.7 ptssince 2020
from 14.9% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
27.7 min
−16%since 2020
from 32.8 min in 2020
US average: 26.5
Drive alone to work
59.7%
−27.5 ptssince 2020
from 87.1% in 2020
US average: 68.9%
Carpooled to work
6.1%
+5.0 ptssince 2020
from 1.1% in 2020
US average: 8.5%
Public transit
1.9%
+1.9 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
28.0%
+17.9 ptssince 2020
from 10.1% in 2020
US average: 15.0%
Walked to work
1.7%
+0.2 ptssince 2020
from 1.6% 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
1.3%
−1.2 ptssince 2020
from 2.5% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.7%
−1.1 ptssince 2020
from 4.8% in 2020
US average: 5.2%
Labor force participation
68.9%
+4.3 ptssince 2020
from 64.6% in 2020
US average: 63.5%
Self-employed
8.1%
+1.6 ptssince 2020
from 6.5% in 2020
US average: 13.1%
Management & professional
60.9%
+10.2 ptssince 2020
from 50.6% in 2020
US average: 42.5%
Section 08

People & community

Male
54.2%
+6.2 ptssince 2020
from 48.0% in 2020
Female
45.8%
−6.2 ptssince 2020
from 52.0% in 2020
Foreign born
15.5%
+8.2 ptssince 2020
from 7.4% in 2020
US average: 14.1%
Veterans
6.9%
−1.3 ptssince 2020
from 8.2% in 2020
US average: 6.2%
With a disability
13.2%
+1.0 ptssince 2020
from 12.2% in 2020
US average: 13.3%
Uninsured
1.0%
−4.3 ptssince 2020
from 5.3% in 2020
US average: 8.4%
Broadband at home
99.0%
+1.5 ptssince 2020
from 97.5% in 2020
US average: 91.0%
English only at home
79.4%
−9.3 ptssince 2020
from 88.8% in 2020
US average: 77.7%
Spanish at home
8.4%
+2.5 ptssince 2020
from 5.9% 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 4,814 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 $143,495 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 $502,500, and the typical rent is about $1,274 a month.

How educated are people in this census tract?

About 46.5% 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 7.1% 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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