CENSUS TRACT
Census Tract 512
North Carolina · Wake County · 4,621 residents · 0.723 sq mi
Notable rankings
#27highest home value in NC$879,100#51highest density in NC6,391/sq mi#92lowest short commute in NC16.1 min#104highest education in NC76.5%TRACT SHAPE · Wake County, NC
The short version
Census Tract 512 has roughly average household income, with a median household income of $77,163. Population has declined 8% since 2020. 77% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $879,100. At a median age of 27.8, residents skew younger than the country as a whole. Households here earn about 27% less than the Wake County median.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 27.8
US median: 38.9
More educated
77% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,621
−8%since 2020
from 5,018 in 2020
2020 – 2024
Population density
6,391 / sq mi
−8%since 2020
from 6,941 / sq mi in 2020
US average: 281
Median age
27.8
+3%since 2020
from 27.0 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$77,163
+3%inflation adjusted, since 2020
from $61,815 in 2020
US average: $82,259
2020 – 2024
Per capita income
$69,580
+13%since 2020
from $61,311 in 2020
US average: $44,673
Households earning $100K+
52.6%
+6.2 ptssince 2020
from 46.4% in 2020
US average: 53.3%
Poverty rate
15.6%
−4.0 ptssince 2020
from 19.6% in 2020
US average: 12.5%
Income inequality (Gini)
0.565
−3%since 2020
from 0.583 in 2020
US average: 0.476
Workforce by industry, 2024
Information8.4%
Retail trade7.1%
Other services5.5%
Public administration4.9%
Finance & insurance1.8%
Professional, scientific, technical1.3%
Wholesale trade1.1%
Arts, entertainment, food0.7%
Transportation & warehousing0.6%
Education & health services0.5%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$879,100
+21%inflation adjusted, since 2020
from $597,800 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,705
+2%inflation adjusted, since 2020
from $1,377 in 2020
US average: $1,442
Owner-occupied
26.1%
Unchangedsince 2020
from 26.2% in 2020
73.9% rent
Vacancy rate
11.9%
+4.3 ptssince 2020
from 7.6% in 2020
US average: 10.0%
Owner cost-burdened
33.2%
+21.7 ptssince 2020
from 11.4% in 2020
US average: 22.9%
Renter cost-burdened
42.8%
−5.4 ptssince 2020
from 48.1% in 2020
US average: 47.4%
Afford Score
11.4
+18%since 2020
from 9.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 512 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic87.4%(4,386)
Black5.1%(255)
Hispanic / Latino2.9%(147)
Asian2%(100)
Other2.6%(130)
Diversity Score28.9%(1,452)
2024
White, non-Hispanic79%(3,652)
Black7.2%(335)
Hispanic / Latino3.5%(162)
Asian5.8%(270)
Other4.4%(202)
Diversity Score45.5%(2,100)
Diversity Score
45
+57%since 2020
from 29 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
76.5%
−2.5 ptssince 2020
from 79.0% in 2020
US average: 35.6%
High school or higher
97.1%
+0.2 ptssince 2020
from 96.9% in 2020
US average: 89.6%
Graduate degree
44.6%
+8.6 ptssince 2020
from 36.0% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
16.1 min
−21%since 2020
from 20.4 min in 2020
US average: 26.5
Drive alone to work
54.4%
−16.5 ptssince 2020
from 71.0% in 2020
US average: 68.9%
Carpooled to work
3.2%
−3.4 ptssince 2020
from 6.6% in 2020
US average: 8.5%
Public transit
1.1%
+0.6 ptssince 2020
from 0.5% in 2020
US average: 3.2%
Worked from home
37.1%
+20.9 ptssince 2020
from 16.2% in 2020
US average: 15.0%
Walked to work
3.3%
−1.0 ptssince 2020
from 4.4% in 2020
US average: 2.4%
Biked to work
0.9%
−0.4 ptssince 2020
from 1.3% in 2020
US average: 0.4%
No vehicle available
6.2%
+0.6 ptssince 2020
from 5.6% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.7%
+0.2 ptssince 2020
from 3.5% in 2020
US average: 5.2%
Labor force participation
77.8%
−1.0 ptssince 2020
from 78.8% in 2020
US average: 63.5%
Self-employed
15.2%
+5.1 ptssince 2020
from 10.2% in 2020
US average: 13.1%
Management & professional
71.6%
+9.8 ptssince 2020
from 61.8% in 2020
US average: 42.5%
Section 08
People & community
Male
47.7%
−1.2 ptssince 2020
from 48.8% in 2020
Female
52.3%
+1.2 ptssince 2020
from 51.2% in 2020
Foreign born
5.6%
+1.1 ptssince 2020
from 4.5% in 2020
US average: 14.1%
Veterans
1.2%
−0.7 ptssince 2020
from 1.9% in 2020
US average: 6.2%
With a disability
6.9%
Unchangedsince 2020
from 6.9% in 2020
US average: 13.3%
Uninsured
3.6%
−2.7 ptssince 2020
from 6.3% in 2020
US average: 8.4%
Broadband at home
94.1%
+1.3 ptssince 2020
from 92.8% in 2020
US average: 91.0%
English only at home
85.4%
−5.4 ptssince 2020
from 90.9% in 2020
US average: 77.7%
Spanish at home
3.9%
+0.1 ptssince 2020
from 3.8% in 2020
US average: 13.6%
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Compare Census Tract 512 to nearby tracts
CENSUS TRACT 512 VS
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Home value$467,000−47%
Population3,566−23%
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CENSUS TRACT 512 VS
Census Tract 511.02
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CENSUS TRACT 512 VS
Census Tract 514
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CENSUS TRACT 512 VS
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Frequently asked
How many people live in this census tract?
this census tract has about 4,621 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 $77,163 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 $879,100, and the typical rent is about $1,705 a month.
How educated are people in this census tract?
About 76.5% 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 15.6% of people in this census tract live below the federal poverty line.
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Containing area
Wake CountyOther census tracts in Wake County
Census Tract 534.28Census Tract 532.08Census Tract 534.11Census Tract 536.17Census Tract 531.09Census Tract 544.02Census Tract 528.11Census Tract 541.21Census Tract 530.09Census Tract 542.18Census Tract 541.06Census Tract 532.03Census Tract 540.23Census Tract 531.14Census Tract 541.15Census Tract 541.08DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024