CENSUS TRACT
Census Tract 417.02
North Carolina · Cabarrus County · 3,441 residents · 39.821 sq mi
TRACT SHAPE · Cabarrus County, NC
The short version
Census Tract 417.02 has roughly average household income, with a median household income of $83,000. Population has declined 12% since 2020. Median home value is $333,300.
At a glance
Average income
near the US median
US median: $82,259
Younger
median age 35.0
US median: 38.9
Less educated
24% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
3,441
−12%since 2020
from 3,901 in 2020
2020 – 2024
Population density
86 / sq mi
−12%since 2020
from 98 / sq mi in 2020
US average: 281
Median age
35.0
−15%since 2020
from 41.2 in 2020
US average: 38.9
Population, 2020 – 2024
20243K
Section 02
Income & economy
Median household income
$83,000
+2%inflation adjusted, since 2020
from $67,328 in 2020
US average: $82,259
2020 – 2024
Per capita income
$36,727
+19%since 2020
from $30,888 in 2020
US average: $44,673
Households earning $100K+
63.2%
+18.5 ptssince 2020
from 44.7% in 2020
US average: 53.3%
Poverty rate
11.0%
−6.6 ptssince 2020
from 17.6% in 2020
US average: 12.5%
Income inequality (Gini)
0.336
−17%since 2020
from 0.406 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade13.4%
Finance & insurance9.7%
Professional, scientific, technical7.5%
Information7.1%
Wholesale trade5.7%
Transportation & warehousing4.5%
Education & health services2.2%
Arts, entertainment, food1.7%
Agriculture, forestry, fishing1.6%
Construction1.6%
Other services1.4%
Public administration1.4%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$333,300
+19%inflation adjusted, since 2020
from $230,300 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,119
+4%inflation adjusted, since 2020
from $884 in 2020
US average: $1,442
Owner-occupied
77.7%
+1.0 ptssince 2020
from 76.7% in 2020
22.3% rent
Vacancy rate
20.4%
+4.9 ptssince 2020
from 15.5% in 2020
US average: 10.0%
Owner cost-burdened
11.7%
+0.8 ptssince 2020
from 11.0% in 2020
US average: 22.9%
Renter cost-burdened
9.6%
−18.8 ptssince 2020
from 28.4% in 2020
US average: 47.4%
Afford Score
4.0
+17%since 2020
from 3.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 417.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic87%(3,393)
Black1.2%(48)
Hispanic / Latino6%(235)
Asian4.6%(181)
Other1.1%(44)
Diversity Score29.7%(1,158)
2024
White, non-Hispanic92.3%(3,176)
Black0%(1)
Hispanic / Latino1.7%(59)
Asian4.5%(154)
Other1.5%(51)
Diversity Score18.2%(626)
Diversity Score
18
−39%since 2020
from 30 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
24.3%
+6.6 ptssince 2020
from 17.6% in 2020
US average: 35.6%
High school or higher
95.4%
+2.5 ptssince 2020
from 92.9% in 2020
US average: 89.6%
Graduate degree
9.5%
+1.1 ptssince 2020
from 8.4% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.4 min
−16%since 2020
from 30.2 min in 2020
US average: 26.5
Drive alone to work
80.1%
−1.7 ptssince 2020
from 81.7% in 2020
US average: 68.9%
Carpooled to work
8.7%
−1.3 ptssince 2020
from 9.9% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
10.2%
+2.5 ptssince 2020
from 7.7% in 2020
US average: 15.0%
Walked to work
0.0%
−0.7 ptssince 2020
from 0.7% 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
2.1%
−0.2 ptssince 2020
from 2.4% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
0.6%
−6.0 ptssince 2020
from 6.5% in 2020
US average: 5.2%
Labor force participation
67.5%
−2.2 ptssince 2020
from 69.7% in 2020
US average: 63.5%
Self-employed
19.5%
+5.9 ptssince 2020
from 13.5% in 2020
US average: 13.1%
Management & professional
24.2%
−5.6 ptssince 2020
from 29.8% in 2020
US average: 42.5%
Section 08
People & community
Male
53.1%
−4.0 ptssince 2020
from 57.1% in 2020
Female
46.9%
+4.0 ptssince 2020
from 42.9% in 2020
Foreign born
3.7%
+1.1 ptssince 2020
from 2.5% in 2020
US average: 14.1%
Veterans
5.5%
+0.5 ptssince 2020
from 5.0% in 2020
US average: 6.2%
With a disability
13.8%
−3.2 ptssince 2020
from 17.0% in 2020
US average: 13.3%
Uninsured
8.2%
−2.7 ptssince 2020
from 10.9% in 2020
US average: 8.4%
Broadband at home
89.3%
−2.7 ptssince 2020
from 92.0% in 2020
US average: 91.0%
English only at home
94.1%
−3.1 ptssince 2020
from 97.2% in 2020
US average: 77.7%
Spanish at home
1.5%
+1.5 ptssince 2020
from 0.0% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 417.02 to nearby tracts
CENSUS TRACT 417.02 VS
Census Tract 417.01
Income$83,641+1%
Home value$313,500−6%
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CENSUS TRACT 417.02 VS
Census Tract 510.01
Income$61,770−26%
Home value$219,300−34%
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CENSUS TRACT 417.02 VS
Census Tract 9301.01
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CENSUS TRACT 417.02 VS
Census Tract 406
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Frequently asked
How many people live in this census tract?
this census tract has about 3,441 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 $83,000 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 $333,300, and the typical rent is about $1,119 a month.
How educated are people in this census tract?
About 24.3% 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 11.0% of people in this census tract live below the federal poverty line.
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Containing area
Cabarrus CountyOther census tracts in Cabarrus County
Census Tract 405.01Census Tract 426.03Census Tract 413.01Census Tract 412.02Census Tract 415.05Census Tract 413.07Census Tract 413.04Census Tract 411Census Tract 420Census Tract 413.06Census Tract 426.01Census Tract 415.03Census Tract 406Census Tract 415.06Census Tract 405.02Census Tract 424.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024