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CENSUS TRACT

Census Tract 520.01

North Carolina · Wake County · 4,030 residents · 1.313 sq mi
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505506507508518519520.02521.01521.02527.06527.07528.11541.06520.01
TRACT SHAPE · Wake County, NC
The short version

Census Tract 520.01 has notably lower household income than the US average, with a median household income of $35,938. Population has declined 3% since 2020. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $438,300. At a median age of 30.5, residents skew younger than the country as a whole. Households here earn about 66% less than the Wake County median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 30.5
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
More affordable
home values down 17%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,030
−3%since 2020
from 4,175 in 2020
2020 – 2024
Population density
3,069 / sq mi
−3%since 2020
from 3,180 / sq mi in 2020
US average: 281
Median age
30.5
−8%since 2020
from 33.0 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 520.01
20244K
20202024
Section 02

Income & economy

Median household income
$35,938
−9%inflation adjusted, since 2020
from $32,706 in 2020
US average: $82,259
2020 – 2024
Per capita income
$20,232
+27%since 2020
from $15,972 in 2020
US average: $44,673
Households earning $100K+
23.3%
+14.0 ptssince 2020
from 9.3% in 2020
US average: 53.3%
Poverty rate
26.3%
−4.1 ptssince 2020
from 30.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.465
+19%since 2020
from 0.392 in 2020
US average: 0.476
Workforce by industry, 2024
Information26.8%
US avg: 10.8%
Wholesale trade15%
US avg: 6.9%
Other services2.2%
US avg: 6.7%
Public administration2.2%
US avg: 4.8%
Retail trade1.9%
US avg: 9.9%
Finance & insurance1.9%
US avg: 5.9%
Transportation & warehousing1.5%
US avg: 2.2%
Education & health services1.5%
US avg: 0.9%
Professional, scientific, technical0.4%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$438,300
−17%inflation adjusted, since 2020
from $435,400 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,271
+11%inflation adjusted, since 2020
from $942 in 2020
US average: $1,442
Owner-occupied
8.6%
−4.8 ptssince 2020
from 13.4% in 2020
91.4% rent
Vacancy rate
10.7%
+1.4 ptssince 2020
from 9.3% in 2020
US average: 10.0%
Owner cost-burdened
55.6%
+22.9 ptssince 2020
from 32.7% in 2020
US average: 22.9%
Renter cost-burdened
70.8%
+13.5 ptssince 2020
from 57.3% in 2020
US average: 47.4%
Afford Score
12.2
−8%since 2020
from 13.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 520.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic11%(459)
Black68%(2,837)
Hispanic / Latino15.4%(645)
Asian0.5%(19)
Other5.1%(215)
Diversity Score62.5%(2,607)
2024
White, non-Hispanic10.2%(412)
Black58%(2,338)
Hispanic / Latino26.9%(1,083)
Asian0%(0)
Other4.9%(197)
Diversity Score72.3%(2,914)
Diversity Score
72
+16%since 2020
from 62 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
19.5%
+7.0 ptssince 2020
from 12.5% in 2020
US average: 35.6%
High school or higher
88.3%
+4.9 ptssince 2020
from 83.4% in 2020
US average: 89.6%
Graduate degree
4.7%
+1.9 ptssince 2020
from 2.8% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
27.1 min
−12%since 2020
from 30.9 min in 2020
US average: 26.5
Drive alone to work
55.3%
+0.8 ptssince 2020
from 54.5% in 2020
US average: 68.9%
Carpooled to work
8.2%
−8.7 ptssince 2020
from 16.9% in 2020
US average: 8.5%
Public transit
10.0%
−9.2 ptssince 2020
from 19.3% in 2020
US average: 3.2%
Worked from home
20.7%
+15.0 ptssince 2020
from 5.7% in 2020
US average: 15.0%
Walked to work
0.5%
−1.9 ptssince 2020
from 2.4% in 2020
US average: 2.4%
Biked to work
1.2%
+1.2 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
20.7%
−6.5 ptssince 2020
from 27.2% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
22.5%
+13.9 ptssince 2020
from 8.6% in 2020
US average: 5.2%
Labor force participation
72.7%
+5.9 ptssince 2020
from 66.8% in 2020
US average: 63.5%
Self-employed
5.5%
+2.0 ptssince 2020
from 3.6% in 2020
US average: 13.1%
Management & professional
29.8%
+14.8 ptssince 2020
from 15.0% in 2020
US average: 42.5%
Section 08

People & community

Male
41.2%
−6.5 ptssince 2020
from 47.7% in 2020
Female
58.8%
+6.5 ptssince 2020
from 52.3% in 2020
Foreign born
21.9%
+5.3 ptssince 2020
from 16.6% in 2020
US average: 14.1%
Veterans
8.0%
−0.1 ptssince 2020
from 8.0% in 2020
US average: 6.2%
With a disability
10.7%
−5.9 ptssince 2020
from 16.6% in 2020
US average: 13.3%
Uninsured
20.6%
−0.2 ptssince 2020
from 20.8% in 2020
US average: 8.4%
Broadband at home
91.9%
+4.5 ptssince 2020
from 87.4% in 2020
US average: 91.0%
English only at home
78.4%
−1.1 ptssince 2020
from 79.5% in 2020
US average: 77.7%
Spanish at home
21.2%
+6.4 ptssince 2020
from 14.8% 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 4,030 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 $35,938 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 $438,300, and the typical rent is about $1,271 a month.

How educated are people in this census tract?

About 19.5% 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 26.3% 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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