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CENSUS TRACT

Census Tract 534.05

North Carolina · Wake County · 4,934 residents · 3.062 sq mi
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530.04530.05534.19534.21534.31534.35535.05535.09534.05
TRACT SHAPE · Wake County, NC
The short version

Census Tract 534.05 is significantly wealthier than the US average, with a median household income of $115,521. Population has held roughly steady since 2020. 67% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $679,400. With a median age of 49.5, the population is older than the US median of 38.9.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 49.5
US median: 38.9
More educated
67% 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
4,934
+11%since 2020
from 4,443 in 2020
2020 – 2024
Population density
1,611 / sq mi
+11%since 2020
from 1,451 / sq mi in 2020
US average: 281
Median age
49.5
−3%since 2020
from 51.0 in 2020
US average: 38.9
Population, 20202024
4K5K5K5K5K20202024Census Tract 534.05
20245K
20202024
Section 02

Income & economy

Median household income
$115,521
−20%inflation adjusted, since 2020
from $119,038 in 2020
US average: $82,259
2020 – 2024
Per capita income
$67,443
+1%since 2020
from $66,623 in 2020
US average: $44,673
Households earning $100K+
66.8%
−0.8 ptssince 2020
from 67.6% in 2020
US average: 53.3%
Poverty rate
4.4%
+0.3 ptssince 2020
from 4.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.465
+2%since 2020
from 0.458 in 2020
US average: 0.476
Workforce by industry, 2024
Other services11.5%
US avg: 6.7%
Information10%
US avg: 10.8%
Public administration7.7%
US avg: 4.8%
Retail trade7.6%
US avg: 9.9%
Transportation & warehousing3.2%
US avg: 2.2%
Wholesale trade2.3%
US avg: 6.9%
Finance & insurance1.5%
US avg: 5.9%
Professional, scientific, technical1.5%
US avg: 5.1%
Arts, entertainment, food0.9%
US avg: 1.9%
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
$679,400
+20%inflation adjusted, since 2020
from $468,400 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,690
Unchangedinflation adjusted, since 2020
from $1,391 in 2020
US average: $1,442
Owner-occupied
70.3%
+1.3 ptssince 2020
from 69.0% in 2020
29.7% rent
Vacancy rate
5.2%
+0.7 ptssince 2020
from 4.5% in 2020
US average: 10.0%
Owner cost-burdened
19.8%
+5.3 ptssince 2020
from 14.5% in 2020
US average: 22.9%
Renter cost-burdened
35.7%
−13.4 ptssince 2020
from 49.1% in 2020
US average: 47.4%
Afford Score
5.9
+49%since 2020
from 3.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 534.05 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic82.5%(3,665)
Black1.3%(59)
Hispanic / Latino6.3%(279)
Asian8%(357)
Other1.9%(83)
Diversity Score38.6%(1,714)
2024
White, non-Hispanic77.3%(3,812)
Black4.1%(200)
Hispanic / Latino3.7%(184)
Asian11.8%(583)
Other3.1%(155)
Diversity Score48.1%(2,375)
Diversity Score
48
+25%since 2020
from 39 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
66.9%
+1.4 ptssince 2020
from 65.5% in 2020
US average: 35.6%
High school or higher
96.9%
−0.5 ptssince 2020
from 97.4% in 2020
US average: 89.6%
Graduate degree
37.9%
+5.7 ptssince 2020
from 32.2% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.1 min
−4%since 2020
from 26.0 min in 2020
US average: 26.5
Drive alone to work
50.3%
−31.8 ptssince 2020
from 82.2% in 2020
US average: 68.9%
Carpooled to work
1.0%
−5.7 ptssince 2020
from 6.7% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
48.1%
+40.2 ptssince 2020
from 7.9% in 2020
US average: 15.0%
Walked to work
0.6%
−0.9 ptssince 2020
from 1.5% in 2020
US average: 2.4%
Biked to work
0.0%
−0.8 ptssince 2020
from 0.8% in 2020
US average: 0.4%
No vehicle available
9.7%
+4.6 ptssince 2020
from 5.1% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.1%
Unchangedsince 2020
from 4.1% in 2020
US average: 5.2%
Labor force participation
59.2%
−6.5 ptssince 2020
from 65.7% in 2020
US average: 63.5%
Self-employed
8.4%
−1.4 ptssince 2020
from 9.8% in 2020
US average: 13.1%
Management & professional
65.2%
+2.2 ptssince 2020
from 63.0% in 2020
US average: 42.5%
Section 08

People & community

Male
51.2%
+0.2 ptssince 2020
from 51.0% in 2020
Female
48.8%
−0.2 ptssince 2020
from 49.0% in 2020
Foreign born
14.5%
+3.5 ptssince 2020
from 11.0% in 2020
US average: 14.1%
Veterans
9.1%
−2.6 ptssince 2020
from 11.7% in 2020
US average: 6.2%
With a disability
9.4%
+2.1 ptssince 2020
from 7.3% in 2020
US average: 13.3%
Uninsured
8.6%
+1.0 ptssince 2020
from 7.6% in 2020
US average: 8.4%
Broadband at home
97.5%
+1.1 ptssince 2020
from 96.4% in 2020
US average: 91.0%
English only at home
89.3%
−1.5 ptssince 2020
from 90.8% in 2020
US average: 77.7%
Spanish at home
0.0%
−0.8 ptssince 2020
from 0.8% 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 4,934 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 $115,521 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 $679,400, and the typical rent is about $1,690 a month.

How educated are people in this census tract?

About 66.9% 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 4.4% 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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