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CENSUS TRACT

Census Tract 511.01

North Carolina · Wake County · 4,880 residents · 0.632 sq mi
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511.02512514515.01515.02516517523.04523.05523.06523.07524.01524.04524.07524.08524.10525.04525.09530.11511.01
TRACT SHAPE · Wake County, NC
The short version

Census Tract 511.01 has notably lower household income than the US average, with a median household income of $30,750. Population has declined 10% since 2020. Median home value has more than doubled since 2020, reaching $350,000. At a median age of 19.8, residents skew younger than the country as a whole. The poverty rate of 37.3% is well above the national figure. Households here earn about 71% less than the Wake County median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 19.8
US median: 38.9
More educated
42% hold a bachelor's degree
US average: 36%
Less affordable
home values up 52%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,880
−10%since 2020
from 5,445 in 2020
2020 – 2024
Population density
7,722 / sq mi
−10%since 2020
from 8,616 / sq mi in 2020
US average: 281
Median age
19.8
+1%since 2020
from 19.7 in 2020
US average: 38.9
Population, 20202024
5K5K5K5K6K20202024Census Tract 511.01
20245K
20202024
Section 02

Income & economy

Median household income
$30,750
−21%inflation adjusted, since 2020
from $32,198 in 2020
US average: $82,259
2020 – 2024
Per capita income
$7,865
+60%since 2020
from $4,917 in 2020
US average: $44,673
Households earning $100K+
16.3%
+2.2 ptssince 2020
from 14.2% in 2020
US average: 53.3%
Poverty rate
37.3%
+2.0 ptssince 2020
from 35.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.475
+10%since 2020
from 0.433 in 2020
US average: 0.476
Workforce by industry, 2024
Information16.5%
US avg: 10.8%
Wholesale trade5%
US avg: 6.9%
Retail trade2.9%
US avg: 9.9%
Other services2%
US avg: 6.7%
Arts, entertainment, food1.4%
US avg: 1.9%
Public administration1.4%
US avg: 4.8%
Finance & insurance1%
US avg: 5.9%
Professional, scientific, technical1%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$350,000
+52%inflation adjusted, since 2020
from $189,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,057
Unchangedinflation adjusted, since 2020
from $876 in 2020
US average: $1,442
Owner-occupied
12.3%
−3.1 ptssince 2020
from 15.5% in 2020
87.7% rent
Vacancy rate
12.3%
+7.7 ptssince 2020
from 4.6% in 2020
US average: 10.0%
Owner cost-burdened
40.8%
−8.6 ptssince 2020
from 49.4% in 2020
US average: 22.9%
Renter cost-burdened
69.7%
+10.2 ptssince 2020
from 59.5% in 2020
US average: 47.4%
Afford Score
11.4
+93%since 2020
from 5.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 511.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic70.5%(3,841)
Black17.4%(945)
Hispanic / Latino4.8%(260)
Asian6.4%(348)
Other0.9%(51)
Diversity Score58.2%(3,170)
2024
White, non-Hispanic55.3%(2,697)
Black19.4%(949)
Hispanic / Latino11.2%(548)
Asian11.7%(571)
Other2.4%(115)
Diversity Score78.7%(3,842)
Diversity Score
79
+35%since 2020
from 58 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
42.0%
+10.7 ptssince 2020
from 31.3% in 2020
US average: 35.6%
High school or higher
84.5%
+6.3 ptssince 2020
from 78.2% in 2020
US average: 89.6%
Graduate degree
17.1%
+3.5 ptssince 2020
from 13.6% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.4 min
−18%since 2020
from 23.6 min in 2020
US average: 26.5
Drive alone to work
46.7%
−16.3 ptssince 2020
from 63.1% in 2020
US average: 68.9%
Carpooled to work
4.8%
+0.8 ptssince 2020
from 4.0% in 2020
US average: 8.5%
Public transit
16.2%
+0.7 ptssince 2020
from 15.5% in 2020
US average: 3.2%
Worked from home
14.3%
+7.2 ptssince 2020
from 7.1% in 2020
US average: 15.0%
Walked to work
13.7%
+7.8 ptssince 2020
from 5.9% in 2020
US average: 2.4%
Biked to work
3.1%
+0.1 ptssince 2020
from 2.9% in 2020
US average: 0.4%
No vehicle available
19.3%
+6.0 ptssince 2020
from 13.2% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.1%
−0.8 ptssince 2020
from 3.0% in 2020
US average: 5.2%
Labor force participation
32.3%
+14.4 ptssince 2020
from 18.0% in 2020
US average: 63.5%
Self-employed
17.2%
+8.6 ptssince 2020
from 8.6% in 2020
US average: 13.1%
Management & professional
29.9%
−3.8 ptssince 2020
from 33.6% in 2020
US average: 42.5%
Section 08

People & community

Male
46.3%
−4.6 ptssince 2020
from 50.9% in 2020
Female
53.7%
+4.6 ptssince 2020
from 49.1% in 2020
Foreign born
14.1%
+6.1 ptssince 2020
from 8.0% in 2020
US average: 14.1%
Veterans
0.1%
−0.6 ptssince 2020
from 0.7% in 2020
US average: 6.2%
With a disability
5.1%
+3.6 ptssince 2020
from 1.5% in 2020
US average: 13.3%
Uninsured
4.9%
+1.0 ptssince 2020
from 3.9% in 2020
US average: 8.4%
Broadband at home
93.1%
+0.2 ptssince 2020
from 92.9% in 2020
US average: 91.0%
English only at home
80.1%
−11.0 ptssince 2020
from 91.0% in 2020
US average: 77.7%
Spanish at home
6.5%
+3.3 ptssince 2020
from 3.2% 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 4,880 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 $30,750 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 $350,000, and the typical rent is about $1,057 a month.

How educated are people in this census tract?

About 42.0% 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 37.3% 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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