CENSUS TRACT
Census Tract 425.03
North Carolina · Cabarrus County · 5,513 residents · 2.175 sq mi
Notable rankings
#343highest rent in NC$1,732#465highest population in NC5,513#471highest broadband in NC96.6%TRACT SHAPE · Cabarrus County, NC
The short version
Census Tract 425.03 has roughly average household income, with a median household income of $83,347. Population has grown 17% since 2020. Median home value is $405,600.
At a glance
Average income
near the US median
US median: $82,259
Older
median age 41.0
US median: 38.9
More educated
41% 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
5,513
+17%since 2020
from 4,702 in 2020
2020 – 2024
Population density
2,535 / sq mi
+17%since 2020
from 2,162 / sq mi in 2020
US average: 281
Median age
41.0
−5%since 2020
from 43.3 in 2020
US average: 38.9
Population, 2020 – 2024
20246K
Section 02
Income & economy
Median household income
$83,347
−5%inflation adjusted, since 2020
from $72,333 in 2020
US average: $82,259
2020 – 2024
Per capita income
$47,564
+17%since 2020
from $40,809 in 2020
US average: $44,673
Households earning $100K+
54.8%
+5.5 ptssince 2020
from 49.2% in 2020
US average: 53.3%
Poverty rate
13.7%
+3.5 ptssince 2020
from 10.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.447
+9%since 2020
from 0.412 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade9.8%
Other services9.8%
Information7.7%
Public administration6.7%
Finance & insurance6.5%
Wholesale trade4.9%
Agriculture, forestry, fishing4.7%
Construction4.7%
Transportation & warehousing4.4%
Education & health services3.3%
Professional, scientific, technical3.2%
Arts, entertainment, food2.8%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$405,600
+21%inflation adjusted, since 2020
from $276,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,732
+12%inflation adjusted, since 2020
from $1,276 in 2020
US average: $1,442
Owner-occupied
53.6%
−20.6 ptssince 2020
from 74.2% in 2020
46.4% rent
Vacancy rate
14.6%
+6.9 ptssince 2020
from 7.7% in 2020
US average: 10.0%
Owner cost-burdened
33.1%
+7.8 ptssince 2020
from 25.3% in 2020
US average: 22.9%
Renter cost-burdened
51.9%
−9.5 ptssince 2020
from 61.4% in 2020
US average: 47.4%
Afford Score
4.9
+27%since 2020
from 3.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 425.03 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic69.5%(3,270)
Black11.7%(551)
Hispanic / Latino7.9%(372)
Asian6.7%(313)
Other4.2%(196)
Diversity Score61.3%(2,881)
2024
White, non-Hispanic69.8%(3,850)
Black19.8%(1,093)
Hispanic / Latino6.1%(338)
Asian0.7%(41)
Other3.5%(191)
Diversity Score58.5%(3,225)
Diversity Score
58
−5%since 2020
from 61 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
41.3%
+0.9 ptssince 2020
from 40.4% in 2020
US average: 35.6%
High school or higher
95.1%
+3.5 ptssince 2020
from 91.6% in 2020
US average: 89.6%
Graduate degree
16.5%
−0.7 ptssince 2020
from 17.2% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
28.7 min
+9%since 2020
from 26.2 min in 2020
US average: 26.5
Drive alone to work
72.3%
−4.7 ptssince 2020
from 77.0% in 2020
US average: 68.9%
Carpooled to work
6.1%
−3.4 ptssince 2020
from 9.5% in 2020
US average: 8.5%
Public transit
0.0%
−1.7 ptssince 2020
from 1.7% in 2020
US average: 3.2%
Worked from home
16.7%
+5.7 ptssince 2020
from 11.0% in 2020
US average: 15.0%
Walked to work
4.8%
+4.8 ptssince 2020
from 0.0% 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
6.6%
+5.9 ptssince 2020
from 0.7% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
2.5%
+1.1 ptssince 2020
from 1.5% in 2020
US average: 5.2%
Labor force participation
61.5%
−5.4 ptssince 2020
from 66.8% in 2020
US average: 63.5%
Self-employed
15.9%
+5.9 ptssince 2020
from 10.0% in 2020
US average: 13.1%
Management & professional
46.8%
+4.1 ptssince 2020
from 42.8% in 2020
US average: 42.5%
Section 08
People & community
Male
52.9%
+2.9 ptssince 2020
from 50.0% in 2020
Female
47.1%
−2.9 ptssince 2020
from 50.0% in 2020
Foreign born
5.5%
−4.0 ptssince 2020
from 9.5% in 2020
US average: 14.1%
Veterans
7.9%
+2.4 ptssince 2020
from 5.5% in 2020
US average: 6.2%
With a disability
11.7%
+3.4 ptssince 2020
from 8.3% in 2020
US average: 13.3%
Uninsured
5.6%
−0.7 ptssince 2020
from 6.3% in 2020
US average: 8.4%
Broadband at home
96.6%
+4.7 ptssince 2020
from 91.9% in 2020
US average: 91.0%
English only at home
92.5%
+5.0 ptssince 2020
from 87.5% in 2020
US average: 77.7%
Spanish at home
2.7%
−3.5 ptssince 2020
from 6.2% in 2020
US average: 13.6%
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Compare Census Tract 425.03 to nearby tracts
CENSUS TRACT 425.03 VS
Census Tract 425.04
Income$141,000+69%
Home value$444,900+10%
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CENSUS TRACT 425.03 VS
Census Tract 425.01
Income$110,781+33%
Home value$343,800−15%
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CENSUS TRACT 425.03 VS
Census Tract 426.01
Income$127,625+53%
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CENSUS TRACT 425.03 VS
Census Tract 425.02
Income$56,328−32%
Home value$237,400−41%
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Frequently asked
How many people live in this census tract?
this census tract has about 5,513 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 $83,347 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 $405,600, and the typical rent is about $1,732 a month.
How educated are people in this census tract?
About 41.3% 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 13.7% 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