CENSUS TRACT
Census Tract 162.05
North Carolina · Guilford County · 4,819 residents · 2.122 sq mi
Notable rankings
#120lowest short commute in NC16.6 min#195highest foreign-born in NC21.4%#302highest household income in NC$116,856TRACT SHAPE · Guilford County, NC
The short version
Census Tract 162.05 is significantly wealthier than the US average, with a median household income of $116,856. Population has grown 15% since 2020. 51% 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 $323,700. Poverty is rare here, at 5.6% of residents. Households here earn about 70% more than the Guilford County median.
At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.6
US median: 38.9
More educated
51% hold a bachelor's degree
US average: 36%
Less affordable
home values up 31%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,819
+15%since 2020
from 4,188 in 2020
2020 – 2024
Population density
2,271 / sq mi
+15%since 2020
from 1,974 / sq mi in 2020
US average: 281
Median age
38.6
+5%since 2020
from 36.8 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$116,856
+18%inflation adjusted, since 2020
from $81,677 in 2020
US average: $82,259
2020 – 2024
Per capita income
$47,218
+28%since 2020
from $36,990 in 2020
US average: $44,673
Households earning $100K+
70.8%
+16.2 ptssince 2020
from 54.5% in 2020
US average: 53.3%
Poverty rate
5.6%
+2.2 ptssince 2020
from 3.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.350
−3%since 2020
from 0.361 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade16.6%
Finance & insurance6.7%
Professional, scientific, technical6.7%
Other services6.1%
Information5.7%
Public administration5.2%
Transportation & warehousing3.5%
Arts, entertainment, food2.8%
Wholesale trade1.3%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$323,700
+31%inflation adjusted, since 2020
from $204,100 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,443
+15%inflation adjusted, since 2020
from $1,037 in 2020
US average: $1,442
Owner-occupied
66.6%
+3.5 ptssince 2020
from 63.2% in 2020
33.4% rent
Vacancy rate
1.9%
−3.4 ptssince 2020
from 5.3% in 2020
US average: 10.0%
Owner cost-burdened
11.6%
−5.1 ptssince 2020
from 16.7% in 2020
US average: 22.9%
Renter cost-burdened
42.3%
+17.9 ptssince 2020
from 24.3% in 2020
US average: 47.4%
Afford Score
2.8
+11%since 2020
from 2.5 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 162.05 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic54.3%(2,275)
Black17.9%(749)
Hispanic / Latino12.4%(519)
Asian11.6%(487)
Other3.8%(158)
Diversity Score80.3%(3,364)
2024
White, non-Hispanic56.1%(2,703)
Black15.4%(740)
Hispanic / Latino6.4%(307)
Asian20.1%(970)
Other2.1%(99)
Diversity Score77.1%(3,716)
Diversity Score
77
−4%since 2020
from 80 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
51.3%
−2.1 ptssince 2020
from 53.4% in 2020
US average: 35.6%
High school or higher
95.0%
+2.0 ptssince 2020
from 93.1% in 2020
US average: 89.6%
Graduate degree
22.6%
+10.5 ptssince 2020
from 12.1% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
16.6 min
−9%since 2020
from 18.3 min in 2020
US average: 26.5
Drive alone to work
75.2%
−12.1 ptssince 2020
from 87.3% in 2020
US average: 68.9%
Carpooled to work
6.6%
+1.3 ptssince 2020
from 5.3% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
16.4%
+9.7 ptssince 2020
from 6.7% in 2020
US average: 15.0%
Walked to work
0.4%
+0.1 ptssince 2020
from 0.3% in 2020
US average: 2.4%
Biked to work
0.0%
−0.4 ptssince 2020
from 0.4% in 2020
US average: 0.4%
No vehicle available
11.3%
+7.4 ptssince 2020
from 3.9% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.4%
−1.5 ptssince 2020
from 2.9% in 2020
US average: 5.2%
Labor force participation
70.8%
+0.2 ptssince 2020
from 70.6% in 2020
US average: 63.5%
Self-employed
9.2%
−1.0 ptssince 2020
from 10.2% in 2020
US average: 13.1%
Management & professional
56.5%
+6.7 ptssince 2020
from 49.8% in 2020
US average: 42.5%
Section 08
People & community
Male
51.8%
+4.1 ptssince 2020
from 47.7% in 2020
Female
48.2%
−4.1 ptssince 2020
from 52.3% in 2020
Foreign born
21.4%
+7.5 ptssince 2020
from 13.9% in 2020
US average: 14.1%
Veterans
5.0%
−0.4 ptssince 2020
from 5.4% in 2020
US average: 6.2%
With a disability
9.9%
+1.7 ptssince 2020
from 8.2% in 2020
US average: 13.3%
Uninsured
6.4%
+3.7 ptssince 2020
from 2.7% in 2020
US average: 8.4%
Broadband at home
88.9%
+1.7 ptssince 2020
from 87.2% in 2020
US average: 91.0%
English only at home
73.8%
−9.4 ptssince 2020
from 83.2% in 2020
US average: 77.7%
Spanish at home
4.0%
+0.9 ptssince 2020
from 3.0% in 2020
US average: 13.6%
Drill deeper
Places similar to Census Tract 162.05
Census Tract 163.06
Pop 4,557
Census Tract 148.12
Pop 4,994
Census Tract 508.05
Pop 4,491
Census Tract 108
Pop 5,082
Places similar to Census Tract 162.05Head to head
Compare Census Tract 162.05 to nearby tracts
CENSUS TRACT 162.05 VS
Census Tract 163.05
Income$101,923−13%
Home value$357,300+10%
Population3,802−21%
SEE FULL COMPARISON →
CENSUS TRACT 162.05 VS
Census Tract 162.04
Income$126,705+8%
Home value$364,100+12%
Population4,327−10%
SEE FULL COMPARISON →
CENSUS TRACT 162.05 VS
Census Tract 164.06
Income$79,000−32%
Home value$231,000−29%
Population4,812same
SEE FULL COMPARISON →
CENSUS TRACT 162.05 VS
Census Tract 164.07
Income$95,367−18%
Home value$345,800+7%
Population4,858+1%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 4,819 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 $116,856 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 $323,700, and the typical rent is about $1,443 a month.
How educated are people in this census tract?
About 51.3% 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 5.6% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
Containing area
Guilford CountyOther census tracts in Guilford County
Census Tract 128.03Census Tract 172Census Tract 158Census Tract 160.08Census Tract 168Census Tract 155Census Tract 154.02Census Tract 157.06Census Tract 156.02Census Tract 162.01Census Tract 107.02Census Tract 159.01Census Tract 154.01Census Tract 165.03Census Tract 165.02Census Tract 152.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024