CENSUS TRACT
Census Tract 701
North Carolina · Lincoln County · 5,401 residents · 3.139 sq mi
Notable rankings
#394lowest low rent in NC$792#415lowest low income in NC$47,414#492highest high poverty in NC21.6%TRACT SHAPE · Lincoln County, NC
The short version
Census Tract 701 has notably lower household income than the US average, with a median household income of $47,414. Population has held roughly steady since 2020. Median home value has risen by half since 2020, reaching $250,500. The poverty rate of 21.6% is well above the national figure. Households here earn about 41% less than the Lincoln County median.
At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 38.8
US median: 38.9
Less educated
24% 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
5,401
+3%since 2020
from 5,254 in 2020
2020 – 2024
Population density
1,721 / sq mi
+3%since 2020
from 1,674 / sq mi in 2020
US average: 281
Median age
38.8
+14%since 2020
from 34.1 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$47,414
−8%inflation adjusted, since 2020
from $42,530 in 2020
US average: $82,259
2020 – 2024
Per capita income
$33,459
+61%since 2020
from $20,723 in 2020
US average: $44,673
Households earning $100K+
40.5%
+19.4 ptssince 2020
from 21.1% in 2020
US average: 53.3%
Poverty rate
21.6%
−1.5 ptssince 2020
from 23.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.482
+8%since 2020
from 0.445 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade22.7%
Information8.9%
Wholesale trade8.1%
Other services3.7%
Public administration3.7%
Finance & insurance2.8%
Transportation & warehousing2.7%
Agriculture, forestry, fishing2.6%
Construction2.6%
Professional, scientific, technical2.5%
Education & health services0.3%
Manufacturing0%
Arts, entertainment, food0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$250,500
+31%inflation adjusted, since 2020
from $157,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$792
−14%inflation adjusted, since 2020
from $763 in 2020
US average: $1,442
Owner-occupied
54.7%
+5.2 ptssince 2020
from 49.5% in 2020
45.3% rent
Vacancy rate
4.5%
−3.0 ptssince 2020
from 7.5% in 2020
US average: 10.0%
Owner cost-burdened
25.4%
−1.1 ptssince 2020
from 26.5% in 2020
US average: 22.9%
Renter cost-burdened
30.3%
−13.5 ptssince 2020
from 43.8% in 2020
US average: 47.4%
Afford Score
5.3
+43%since 2020
from 3.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 701 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic64.7%(3,401)
Black9.5%(498)
Hispanic / Latino16.1%(848)
Asian0.1%(4)
Other9.6%(503)
Diversity Score67.1%(3,525)
2024
White, non-Hispanic54.8%(2,958)
Black24.9%(1,345)
Hispanic / Latino18.2%(985)
Asian0.2%(13)
Other1.9%(100)
Diversity Score75.6%(4,081)
Diversity Score
76
+13%since 2020
from 67 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
24.0%
+7.5 ptssince 2020
from 16.5% in 2020
US average: 35.6%
High school or higher
88.9%
+0.4 ptssince 2020
from 88.5% in 2020
US average: 89.6%
Graduate degree
9.8%
+5.8 ptssince 2020
from 4.0% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.5 min
−6%since 2020
from 27.0 min in 2020
US average: 26.5
Drive alone to work
71.8%
−20.8 ptssince 2020
from 92.6% in 2020
US average: 68.9%
Carpooled to work
11.7%
+7.4 ptssince 2020
from 4.3% in 2020
US average: 8.5%
Public transit
0.0%
−1.8 ptssince 2020
from 1.8% in 2020
US average: 3.2%
Worked from home
8.3%
+7.0 ptssince 2020
from 1.3% in 2020
US average: 15.0%
Walked to work
3.1%
+3.1 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
8.6%
+2.4 ptssince 2020
from 6.3% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.0%
−5.7 ptssince 2020
from 8.6% in 2020
US average: 5.2%
Labor force participation
56.6%
−6.6 ptssince 2020
from 63.2% in 2020
US average: 63.5%
Self-employed
26.0%
+12.0 ptssince 2020
from 13.9% in 2020
US average: 13.1%
Management & professional
37.8%
+19.5 ptssince 2020
from 18.3% in 2020
US average: 42.5%
Section 08
People & community
Male
48.4%
+1.5 ptssince 2020
from 47.0% in 2020
Female
51.6%
−1.5 ptssince 2020
from 53.0% in 2020
Foreign born
6.1%
−1.0 ptssince 2020
from 7.2% in 2020
US average: 14.1%
Veterans
11.3%
+4.2 ptssince 2020
from 7.1% in 2020
US average: 6.2%
With a disability
18.9%
+4.3 ptssince 2020
from 14.6% in 2020
US average: 13.3%
Uninsured
13.9%
+0.1 ptssince 2020
from 13.8% in 2020
US average: 8.4%
Broadband at home
84.3%
+1.9 ptssince 2020
from 82.4% in 2020
US average: 91.0%
English only at home
82.8%
−4.2 ptssince 2020
from 86.9% in 2020
US average: 77.7%
Spanish at home
17.2%
+4.2 ptssince 2020
from 13.1% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 701 to nearby tracts
CENSUS TRACT 701 VS
Census Tract 702.01
Income$49,551+5%
Home value$227,200−9%
Population5,684+5%
SEE FULL COMPARISON →
CENSUS TRACT 701 VS
Census Tract 703
Income$53,857+14%
Home value$290,800+16%
Population3,953−27%
SEE FULL COMPARISON →
CENSUS TRACT 701 VS
Census Tract 704
Income$64,573+36%
Home value$181,400−28%
Population5,837+8%
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CENSUS TRACT 701 VS
Census Tract 702.02
Income$83,333+76%
Home value$304,100+21%
Population3,107−42%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 5,401 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 $47,414 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 $250,500, and the typical rent is about $792 a month.
How educated are people in this census tract?
About 24.0% 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 21.6% of people in this census tract live below the federal poverty line.
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Containing area
Lincoln CountyOther census tracts in Lincoln County
Census Tract 711.02Census Tract 711.01Census Tract 709.02Census Tract 712.03Census Tract 708Census Tract 704Census Tract 702.01Census Tract 705Census Tract 710.01Census Tract 706Census Tract 712.02Census Tract 709.01Census Tract 703Census Tract 707Census Tract 710.02Census Tract 702.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024