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CENSUS TRACT

Census Tract 16.02

North Carolina · Forsyth County · 3,271 residents · 1.484 sq mi
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123.024678.019141516.011716.02
TRACT SHAPE · Forsyth County, NC
The short version

Census Tract 16.02 has notably lower household income than the US average, with a median household income of $15,500. Population has held roughly steady since 2020. 10% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has risen by half since 2020, reaching $112,500. At a median age of 26.7, residents skew younger than the country as a whole. Households here earn about 77% less than the Forsyth County median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 26.7
US median: 38.9
Less educated
10% 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
3,271
+6%since 2020
from 3,087 in 2020
2020 – 2024
Population density
2,204 / sq mi
+6%since 2020
from 2,080 / sq mi in 2020
US average: 281
Median age
26.7
−22%since 2020
from 34.2 in 2020
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Census Tract 16.02
20243K
20202024
Section 02

Income & economy

Median household income
$15,500
−40%inflation adjusted, since 2020
from $21,194 in 2020
US average: $82,259
2020 – 2024
Per capita income
$11,319
−20%since 2020
from $14,077 in 2020
US average: $44,673
Households earning $100K+
6.2%
−1.1 ptssince 2020
from 7.3% in 2020
US average: 53.3%
Poverty rate
46.8%
+8.5 ptssince 2020
from 38.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.570
+19%since 2020
from 0.478 in 2020
US average: 0.476
Workforce by industry, 2024
Information10.2%
US avg: 10.8%
Wholesale trade8.6%
US avg: 6.9%
Retail trade8.3%
US avg: 9.9%
Transportation & warehousing4.5%
US avg: 2.2%
Other services3.2%
US avg: 6.7%
Public administration3.2%
US avg: 4.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$112,500
+41%inflation adjusted, since 2020
from $66,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$706
−17%inflation adjusted, since 2020
from $706 in 2020
US average: $1,442
Owner-occupied
33.3%
+7.0 ptssince 2020
from 26.3% in 2020
66.7% rent
Vacancy rate
22.5%
+6.1 ptssince 2020
from 16.4% in 2020
US average: 10.0%
Owner cost-burdened
30.6%
+15.4 ptssince 2020
from 15.1% in 2020
US average: 22.9%
Renter cost-burdened
67.0%
+0.8 ptssince 2020
from 66.2% in 2020
US average: 47.4%
Afford Score
7.3
+133%since 2020
from 3.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 16.02 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic6.6%(203)
Black71.3%(2,201)
Hispanic / Latino22.1%(681)
Asian0%(0)
Other0.1%(2)
Diversity Score54.8%(1,693)
2024
White, non-Hispanic2.8%(91)
Black55%(1,800)
Hispanic / Latino40.2%(1,316)
Asian0%(0)
Other2%(64)
Diversity Score66.8%(2,184)
Diversity Score
67
+22%since 2020
from 55 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
9.9%
−0.1 ptssince 2020
from 10.0% in 2020
US average: 35.6%
High school or higher
76.8%
+1.2 ptssince 2020
from 75.6% in 2020
US average: 89.6%
Graduate degree
1.3%
−1.6 ptssince 2020
from 2.9% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.2 min
−2%since 2020
from 20.5 min in 2020
US average: 26.5
Drive alone to work
69.5%
−6.4 ptssince 2020
from 75.9% in 2020
US average: 68.9%
Carpooled to work
17.9%
+3.3 ptssince 2020
from 14.6% in 2020
US average: 8.5%
Public transit
8.4%
+4.5 ptssince 2020
from 3.8% in 2020
US average: 3.2%
Worked from home
4.3%
+1.6 ptssince 2020
from 2.7% in 2020
US average: 15.0%
Walked to work
0.0%
−3.0 ptssince 2020
from 3.0% 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
36.3%
+2.4 ptssince 2020
from 34.0% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
11.0%
+7.0 ptssince 2020
from 4.0% in 2020
US average: 5.2%
Labor force participation
52.0%
+9.8 ptssince 2020
from 42.2% in 2020
US average: 63.5%
Self-employed
12.5%
+6.0 ptssince 2020
from 6.5% in 2020
US average: 13.1%
Management & professional
14.3%
Unchangedsince 2020
from 14.3% in 2020
US average: 42.5%
Section 08

People & community

Male
40.0%
−7.7 ptssince 2020
from 47.8% in 2020
Female
60.0%
+7.7 ptssince 2020
from 52.2% in 2020
Foreign born
11.3%
+1.8 ptssince 2020
from 9.5% in 2020
US average: 14.1%
Veterans
3.3%
+0.2 ptssince 2020
from 3.1% in 2020
US average: 6.2%
With a disability
12.4%
−2.1 ptssince 2020
from 14.5% in 2020
US average: 13.3%
Uninsured
21.1%
+3.0 ptssince 2020
from 18.1% in 2020
US average: 8.4%
Broadband at home
71.1%
+17.6 ptssince 2020
from 53.5% in 2020
US average: 91.0%
English only at home
56.1%
−18.7 ptssince 2020
from 74.8% in 2020
US average: 77.7%
Spanish at home
43.1%
+18.8 ptssince 2020
from 24.3% 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 3,271 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 $15,500 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 $112,500, and the typical rent is about $706 a month.

How educated are people in this census tract?

About 9.9% 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 46.8% 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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