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CENSUS TRACT

Census Tract 207.03

North Carolina · Chatham County · 5,091 residents · 13.041 sq mi
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534.10207.03
TRACT SHAPE · Chatham County, NC
The short version

Census Tract 207.03 is significantly wealthier than the US average, with a median household income of $112,250. Population has grown 31% since 2020. 71% 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 $656,300. With a median age of 61.5, the population is older than the US median of 38.9.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 61.5
US median: 38.9
More educated
71% hold a bachelor's degree
US average: 36%
Less affordable
home values up 32%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
5,091
+31%since 2020
from 3,894 in 2020
2020 – 2024
Population density
390 / sq mi
+31%since 2020
from 299 / sq mi in 2020
US average: 281
Median age
61.5
−8%since 2020
from 67.0 in 2020
US average: 38.9
Population, 20202024
4K4K4K5K5K20202024Census Tract 207.03
20245K
20202024
Section 02

Income & economy

Median household income
$112,250
+14%inflation adjusted, since 2020
from $81,205 in 2020
US average: $82,259
2020 – 2024
Per capita income
$92,490
+42%since 2020
from $65,120 in 2020
US average: $44,673
Households earning $100K+
71.1%
+16.7 ptssince 2020
from 54.3% in 2020
US average: 53.3%
Poverty rate
1.0%
−1.2 ptssince 2020
from 2.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.471
−2%since 2020
from 0.481 in 2020
US average: 0.476
Workforce by industry, 2024
Information7.3%
US avg: 10.8%
Retail trade6.9%
US avg: 9.9%
Other services6.6%
US avg: 6.7%
Finance & insurance6.1%
US avg: 5.9%
Education & health services6.1%
US avg: 0.9%
Public administration4.4%
US avg: 4.8%
Wholesale trade3.9%
US avg: 6.9%
Transportation & warehousing3.8%
US avg: 2.2%
Arts, entertainment, food1.8%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Professional, scientific, technical0%
US avg: 5.1%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$656,300
+32%inflation adjusted, since 2020
from $409,100 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,238
−44%inflation adjusted, since 2020
from $1,823 in 2020
US average: $1,442
Owner-occupied
92.4%
+0.6 ptssince 2020
from 91.8% in 2020
7.6% rent
Vacancy rate
3.4%
+0.2 ptssince 2020
from 3.1% in 2020
US average: 10.0%
Owner cost-burdened
22.6%
+6.1 ptssince 2020
from 16.5% in 2020
US average: 22.9%
Renter cost-burdened
22.8%
−59.1 ptssince 2020
from 81.9% in 2020
US average: 47.4%
Afford Score
5.8
+16%since 2020
from 5.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 207.03 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic89.1%(3,469)
Black4.8%(188)
Hispanic / Latino1.8%(72)
Asian2.5%(97)
Other1.7%(68)
Diversity Score25.3%(987)
2024
White, non-Hispanic86%(4,376)
Black1.5%(76)
Hispanic / Latino2.2%(113)
Asian8.2%(418)
Other2.1%(108)
Diversity Score31.7%(1,612)
Diversity Score
32
+25%since 2020
from 25 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
70.5%
+13.5 ptssince 2020
from 57.0% in 2020
US average: 35.6%
High school or higher
99.5%
+3.3 ptssince 2020
from 96.3% in 2020
US average: 89.6%
Graduate degree
32.0%
+7.1 ptssince 2020
from 24.9% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.4 min
+6%since 2020
from 24.1 min in 2020
US average: 26.5
Drive alone to work
51.7%
−26.5 ptssince 2020
from 78.2% in 2020
US average: 68.9%
Carpooled to work
1.6%
−2.0 ptssince 2020
from 3.6% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
41.5%
+32.9 ptssince 2020
from 8.6% in 2020
US average: 15.0%
Walked to work
5.2%
−3.5 ptssince 2020
from 8.8% in 2020
US average: 2.4%
Biked to work
0.0%
−0.8 ptssince 2020
from 0.8% in 2020
US average: 0.4%
No vehicle available
1.5%
−1.9 ptssince 2020
from 3.4% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.7%
−5.1 ptssince 2020
from 6.8% in 2020
US average: 5.2%
Labor force participation
45.0%
+11.8 ptssince 2020
from 33.2% in 2020
US average: 63.5%
Self-employed
12.7%
−3.3 ptssince 2020
from 16.0% in 2020
US average: 13.1%
Management & professional
71.6%
+18.9 ptssince 2020
from 52.7% in 2020
US average: 42.5%
Section 08

People & community

Male
46.9%
+4.7 ptssince 2020
from 42.2% in 2020
Female
53.1%
−4.7 ptssince 2020
from 57.8% in 2020
Foreign born
11.1%
+2.6 ptssince 2020
from 8.4% in 2020
US average: 14.1%
Veterans
8.8%
−0.9 ptssince 2020
from 9.8% in 2020
US average: 6.2%
With a disability
13.6%
−2.3 ptssince 2020
from 15.9% in 2020
US average: 13.3%
Uninsured
4.6%
+3.5 ptssince 2020
from 1.1% in 2020
US average: 8.4%
Broadband at home
97.0%
+4.9 ptssince 2020
from 92.1% in 2020
US average: 91.0%
English only at home
85.2%
−6.0 ptssince 2020
from 91.2% in 2020
US average: 77.7%
Spanish at home
0.8%
−1.1 ptssince 2020
from 1.9% 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 5,091 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 $112,250 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 $656,300, and the typical rent is about $1,238 a month.

How educated are people in this census tract?

About 70.5% 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 1.0% 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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