CENSUS TRACT
Census Tract 40.07
North Carolina · Forsyth County · 8,197 residents · 22.854 sq mi
Notable rankings
#82highest population in NC#1660 US8,197#218highest household income in NC$127,891#499highest home value in NC$427,600TRACT SHAPE · Forsyth County, NC
The short version
Census Tract 40.07 is significantly wealthier than the US average, with a median household income of $127,891. Population has held roughly steady since 2020. 50% of adults hold a bachelor's degree or higher. Median home value is $427,600. Households here earn about 90% more than the Forsyth County median.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.0
US median: 38.9
More educated
50% 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
8,197
+5%since 2020
from 7,842 in 2020
2020 – 2024
Population density
359 / sq mi
+5%since 2020
from 343 / sq mi in 2020
US average: 281
Median age
42.0
−7%since 2020
from 45.4 in 2020
US average: 38.9
Population, 2020 – 2024
20248K
Section 02
Income & economy
Median household income
$127,891
−2%inflation adjusted, since 2020
from $107,346 in 2020
US average: $82,259
2020 – 2024
Per capita income
$52,578
+11%since 2020
from $47,357 in 2020
US average: $44,673
Households earning $100K+
67.1%
+3.9 ptssince 2020
from 63.2% in 2020
US average: 53.3%
Poverty rate
8.6%
+4.8 ptssince 2020
from 3.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.417
−6%since 2020
from 0.444 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade10.9%
Wholesale trade7.4%
Information5.6%
Finance & insurance4.2%
Arts, entertainment, food3.8%
Professional, scientific, technical3.7%
Other services3.5%
Public administration2.7%
Transportation & warehousing2.6%
Education & health services0.5%
Agriculture, forestry, fishing0.4%
Construction0.4%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$427,600
+12%inflation adjusted, since 2020
from $315,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,152
−3%inflation adjusted, since 2020
from $977 in 2020
US average: $1,442
Owner-occupied
92.0%
+2.0 ptssince 2020
from 90.0% in 2020
8.0% rent
Vacancy rate
0.0%
−6.0 ptssince 2020
from 6.0% in 2020
US average: 10.0%
Owner cost-burdened
19.3%
+8.2 ptssince 2020
from 11.1% in 2020
US average: 22.9%
Renter cost-burdened
36.7%
−14.2 ptssince 2020
from 50.9% in 2020
US average: 47.4%
Afford Score
3.3
+14%since 2020
from 2.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 40.07 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic75.4%(5,913)
Black6%(473)
Hispanic / Latino3.6%(281)
Asian6.5%(509)
Other8.5%(666)
Diversity Score51.9%(4,069)
2024
White, non-Hispanic70.8%(5,803)
Black8.8%(718)
Hispanic / Latino8.1%(667)
Asian4.6%(379)
Other7.7%(630)
Diversity Score59.6%(4,882)
Diversity Score
60
+15%since 2020
from 52 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
49.8%
−8.2 ptssince 2020
from 57.9% in 2020
US average: 35.6%
High school or higher
96.5%
Unchangedsince 2020
from 96.5% in 2020
US average: 89.6%
Graduate degree
21.2%
−7.0 ptssince 2020
from 28.2% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
23.1 min
−13%since 2020
from 26.6 min in 2020
US average: 26.5
Drive alone to work
74.9%
−11.8 ptssince 2020
from 86.6% in 2020
US average: 68.9%
Carpooled to work
5.3%
+2.2 ptssince 2020
from 3.1% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
17.8%
+7.8 ptssince 2020
from 9.9% in 2020
US average: 15.0%
Walked to work
1.0%
+0.6 ptssince 2020
from 0.3% 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
1.1%
+0.7 ptssince 2020
from 0.4% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.6%
−2.3 ptssince 2020
from 5.9% in 2020
US average: 5.2%
Labor force participation
61.7%
−0.7 ptssince 2020
from 62.5% in 2020
US average: 63.5%
Self-employed
16.1%
+4.8 ptssince 2020
from 11.3% in 2020
US average: 13.1%
Management & professional
63.1%
−1.7 ptssince 2020
from 64.8% in 2020
US average: 42.5%
Section 08
People & community
Male
48.8%
+1.7 ptssince 2020
from 47.1% in 2020
Female
51.2%
−1.7 ptssince 2020
from 52.9% in 2020
Foreign born
6.0%
−1.6 ptssince 2020
from 7.6% in 2020
US average: 14.1%
Veterans
9.8%
−1.4 ptssince 2020
from 11.1% in 2020
US average: 6.2%
With a disability
8.1%
+1.9 ptssince 2020
from 6.2% in 2020
US average: 13.3%
Uninsured
4.1%
+1.2 ptssince 2020
from 2.9% in 2020
US average: 8.4%
Broadband at home
96.2%
−0.3 ptssince 2020
from 96.5% in 2020
US average: 91.0%
English only at home
94.1%
+1.3 ptssince 2020
from 92.8% in 2020
US average: 77.7%
Spanish at home
2.2%
+0.4 ptssince 2020
from 1.7% in 2020
US average: 13.6%
Drill deeper
Places similar to Census Tract 40.07
Census Tract 166.08
Pop 7,627
Census Tract 168.08
Pop 7,124
Census Tract 148.10
Pop 6,975
Census Tract 148.09
Pop 8,256
Places similar to Census Tract 40.07Head to head
Compare Census Tract 40.07 to nearby tracts
CENSUS TRACT 40.07 VS
Census Tract 40.13
Income$72,386−43%
Home value$334,700−22%
Population3,441−58%
SEE FULL COMPARISON →
CENSUS TRACT 40.07 VS
Census Tract 40.09
Income$120,642−6%
Home value$358,900−16%
Population5,248−36%
SEE FULL COMPARISON →
CENSUS TRACT 40.07 VS
Census Tract 40.12
Income$73,537−43%
Home value$317,700−26%
Population5,526−33%
SEE FULL COMPARISON →
CENSUS TRACT 40.07 VS
Census Tract 40.11
Income$95,745−25%
Home value$317,900−26%
Population6,120−25%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 8,197 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 $127,891 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 $427,600, and the typical rent is about $1,152 a month.
How educated are people in this census tract?
About 49.8% 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 8.6% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
Containing area
Forsyth CountyOther census tracts in Forsyth County
Census Tract 37.03Census Tract 33.08Census Tract 35Census Tract 39.04Census Tract 36Census Tract 38.05Census Tract 27.01Census Tract 40.11Census Tract 33.09Census Tract 28.07Census Tract 40.10Census Tract 31.03Census Tract 26.04Census Tract 37.02Census Tract 17Census Tract 40.05DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024