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CENSUS TRACT

Census Tract 504

North Carolina · Wake County · 1,733 residents · 0.713 sq mi
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501505506507508511.02512514515.01516517518519520.02523.05527.01527.05504
TRACT SHAPE · Wake County, NC
The short version

Census Tract 504 is wealthier than most US places, with a median household income of $95,833. Population has fallen 16% since 2020, a loss of 325 residents. 74% 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 $628,800.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 36.7
US median: 38.9
More educated
74% 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
1,733
−16%since 2020
from 2,058 in 2020
2020 – 2024
Population density
2,431 / sq mi
−16%since 2020
from 2,886 / sq mi in 2020
US average: 281
Median age
36.7
+12%since 2020
from 32.7 in 2020
US average: 38.9
Population, 20202024
2K2K2K2K2K20202024Census Tract 504
20242K
20202024
Section 02

Income & economy

Median household income
$95,833
−14%inflation adjusted, since 2020
from $92,391 in 2020
US average: $82,259
2020 – 2024
Per capita income
$68,338
+31%since 2020
from $52,293 in 2020
US average: $44,673
Households earning $100K+
62.1%
+4.4 ptssince 2020
from 57.6% in 2020
US average: 53.3%
Poverty rate
7.9%
+1.0 ptssince 2020
from 6.9% in 2020
US average: 12.5%
Income inequality (Gini)
0.438
−1%since 2020
from 0.441 in 2020
US average: 0.476
Workforce by industry, 2024
Information7%
US avg: 10.8%
Other services6.8%
US avg: 6.7%
Public administration6.3%
US avg: 4.8%
Retail trade3.6%
US avg: 9.9%
Wholesale trade1.4%
US avg: 6.9%
Arts, entertainment, food1%
US avg: 1.9%
Agriculture, forestry, fishing0.6%
US avg: 1.6%
Construction0.6%
US avg: 1.2%
Finance & insurance0.6%
US avg: 5.9%
Professional, scientific, technical0.6%
US avg: 5.1%
Transportation & warehousing0.5%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$628,800
+31%inflation adjusted, since 2020
from $394,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,308
+3%inflation adjusted, since 2020
from $1,044 in 2020
US average: $1,442
Owner-occupied
63.1%
+9.6 ptssince 2020
from 53.5% in 2020
36.9% rent
Vacancy rate
9.1%
+5.4 ptssince 2020
from 3.7% in 2020
US average: 10.0%
Owner cost-burdened
17.0%
+14.0 ptssince 2020
from 3.0% in 2020
US average: 22.9%
Renter cost-burdened
29.1%
+3.6 ptssince 2020
from 25.5% in 2020
US average: 47.4%
Afford Score
6.6
+54%since 2020
from 4.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 504 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic75.3%(1,549)
Black14.5%(299)
Hispanic / Latino2.5%(52)
Asian6.1%(125)
Other1.6%(33)
Diversity Score51%(1,049)
2024
White, non-Hispanic77.8%(1,349)
Black10.6%(183)
Hispanic / Latino2.7%(46)
Asian1.9%(33)
Other7%(122)
Diversity Score47.1%(816)
Diversity Score
47
−8%since 2020
from 51 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
74.1%
+1.1 ptssince 2020
from 73.1% in 2020
US average: 35.6%
High school or higher
98.5%
+0.8 ptssince 2020
from 97.7% in 2020
US average: 89.6%
Graduate degree
39.0%
+8.8 ptssince 2020
from 30.2% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.7 min
+16%since 2020
from 17.8 min in 2020
US average: 26.5
Drive alone to work
34.3%
−31.6 ptssince 2020
from 65.9% in 2020
US average: 68.9%
Carpooled to work
21.9%
+2.1 ptssince 2020
from 19.8% in 2020
US average: 8.5%
Public transit
3.3%
+1.4 ptssince 2020
from 1.9% in 2020
US average: 3.2%
Worked from home
26.4%
+19.7 ptssince 2020
from 6.7% in 2020
US average: 15.0%
Walked to work
8.1%
+3.6 ptssince 2020
from 4.5% in 2020
US average: 2.4%
Biked to work
4.0%
+3.2 ptssince 2020
from 0.7% in 2020
US average: 0.4%
No vehicle available
8.9%
+3.5 ptssince 2020
from 5.5% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.1%
+1.4 ptssince 2020
from 2.6% in 2020
US average: 5.2%
Labor force participation
64.6%
−3.6 ptssince 2020
from 68.1% in 2020
US average: 63.5%
Self-employed
11.0%
−2.1 ptssince 2020
from 13.0% in 2020
US average: 13.1%
Management & professional
71.4%
+9.8 ptssince 2020
from 61.6% in 2020
US average: 42.5%
Section 08

People & community

Male
43.3%
−0.8 ptssince 2020
from 44.1% in 2020
Female
56.7%
+0.8 ptssince 2020
from 55.9% in 2020
Foreign born
9.4%
+3.0 ptssince 2020
from 6.4% in 2020
US average: 14.1%
Veterans
3.0%
−0.5 ptssince 2020
from 3.5% in 2020
US average: 6.2%
With a disability
3.6%
−0.7 ptssince 2020
from 4.3% in 2020
US average: 13.3%
Uninsured
3.4%
−0.2 ptssince 2020
from 3.6% in 2020
US average: 8.4%
Broadband at home
92.0%
−3.9 ptssince 2020
from 95.9% in 2020
US average: 91.0%
English only at home
88.2%
−3.5 ptssince 2020
from 91.7% in 2020
US average: 77.7%
Spanish at home
2.0%
−1.1 ptssince 2020
from 3.1% 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 1,733 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 $95,833 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 $628,800, and the typical rent is about $1,308 a month.

How educated are people in this census tract?

About 74.1% 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 7.9% 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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