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CENSUS TRACT

Census Tract 55.29

North Carolina · Mecklenburg County · 2,170 residents · 0.776 sq mi
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413.06413.0755.1355.1555.1755.1955.2055.2555.2655.2755.2855.3055.3263.0555.29
TRACT SHAPE · Mecklenburg County, NC
The short version

Census Tract 55.29 has lower-than-average household income, with a median household income of $65,556. Population has grown 40% since 2020. Median home value has risen by half since 2020, reaching $382,500. Poverty is rare here, at 5.2% of residents.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 42.7
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Less affordable
home values up 44%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,170
+40%since 2020
from 1,555 in 2020
2020 – 2024
Population density
2,796 / sq mi
+40%since 2020
from 2,004 / sq mi in 2020
US average: 281
Median age
42.7
−4%since 2020
from 44.4 in 2020
US average: 38.9
Population, 20202024
1K2K2K2K2K20202024Census Tract 55.29
20242K
20202024
Section 02

Income & economy

Median household income
$65,556
−19%inflation adjusted, since 2020
from $67,011 in 2020
US average: $82,259
2020 – 2024
Per capita income
$42,119
+55%since 2020
from $27,234 in 2020
US average: $44,673
Households earning $100K+
46.3%
−1.4 ptssince 2020
from 47.8% in 2020
US average: 53.3%
Poverty rate
5.2%
−5.3 ptssince 2020
from 10.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.390
+16%since 2020
from 0.336 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade16.4%
US avg: 9.9%
Finance & insurance12.8%
US avg: 5.9%
Professional, scientific, technical12.8%
US avg: 5.1%
Other services10.5%
US avg: 6.7%
Public administration10.5%
US avg: 4.8%
Information9.3%
US avg: 10.8%
Transportation & warehousing2.8%
US avg: 2.2%
Arts, entertainment, food2.7%
US avg: 1.9%
Wholesale trade2.3%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$382,500
+44%inflation adjusted, since 2020
from $219,800 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,731
+3%inflation adjusted, since 2020
from $1,388 in 2020
US average: $1,442
Owner-occupied
37.0%
+6.9 ptssince 2020
from 30.1% in 2020
63.0% rent
Vacancy rate
0.0%
−13.9 ptssince 2020
from 13.9% in 2020
US average: 10.0%
Owner cost-burdened
33.4%
+12.6 ptssince 2020
from 20.8% in 2020
US average: 22.9%
Renter cost-burdened
61.1%
+23.8 ptssince 2020
from 37.4% in 2020
US average: 47.4%
Afford Score
5.8
+78%since 2020
from 3.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 55.29 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic21.4%(333)
Black66.8%(1,038)
Hispanic / Latino8.8%(137)
Asian2.6%(41)
Other0.4%(6)
Diversity Score62.5%(972)
2024
White, non-Hispanic16.7%(363)
Black55.9%(1,214)
Hispanic / Latino19%(413)
Asian4.9%(106)
Other3.4%(74)
Diversity Score77.4%(1,680)
Diversity Score
77
+24%since 2020
from 63 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
30.5%
−10.5 ptssince 2020
from 41.0% in 2020
US average: 35.6%
High school or higher
89.5%
−8.1 ptssince 2020
from 97.6% in 2020
US average: 89.6%
Graduate degree
9.1%
+1.3 ptssince 2020
from 7.8% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
27.2 min
−19%since 2020
from 33.7 min in 2020
US average: 26.5
Drive alone to work
45.8%
−43.3 ptssince 2020
from 89.1% in 2020
US average: 68.9%
Carpooled to work
11.2%
+11.2 ptssince 2020
from 0.0% in 2020
US average: 8.5%
Public transit
3.8%
+3.8 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
35.0%
+24.1 ptssince 2020
from 10.9% in 2020
US average: 15.0%
Walked to work
4.1%
+4.1 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
3.4%
+3.4 ptssince 2020
from 0.0% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.1%
+2.1 ptssince 2020
from 0.0% in 2020
US average: 5.2%
Labor force participation
71.1%
+12.5 ptssince 2020
from 58.6% in 2020
US average: 63.5%
Self-employed
11.4%
−3.4 ptssince 2020
from 14.8% in 2020
US average: 13.1%
Management & professional
42.0%
−14.6 ptssince 2020
from 56.6% in 2020
US average: 42.5%
Section 08

People & community

Male
40.9%
+6.9 ptssince 2020
from 34.0% in 2020
Female
59.1%
−6.9 ptssince 2020
from 66.0% in 2020
Foreign born
28.6%
+17.7 ptssince 2020
from 10.9% in 2020
US average: 14.1%
Veterans
8.0%
+6.8 ptssince 2020
from 1.2% in 2020
US average: 6.2%
With a disability
14.1%
+9.0 ptssince 2020
from 5.1% in 2020
US average: 13.3%
Uninsured
7.3%
−1.4 ptssince 2020
from 8.7% in 2020
US average: 8.4%
Broadband at home
100.0%
+2.9 ptssince 2020
from 97.1% in 2020
US average: 91.0%
English only at home
70.1%
−17.4 ptssince 2020
from 87.6% in 2020
US average: 77.7%
Spanish at home
19.9%
+10.3 ptssince 2020
from 9.6% 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 2,170 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 $65,556 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 $382,500, and the typical rent is about $1,731 a month.

How educated are people in this census tract?

About 30.5% 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 5.2% 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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