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CENSUS TRACT

Census Tract 534.27

North Carolina · Wake County · 7,011 residents · 2.946 sq mi
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534.26534.27
TRACT SHAPE · Wake County, NC
The short version

Census Tract 534.27 is significantly wealthier than the US average, with a median household income of $146,932. The census tract has grown rapidly, with population up 73% since 2020. 75% 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 $668,900. Poverty is rare here, at 1.2% of residents. Households here earn about 39% more than the Wake County median.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 35.6
US median: 38.9
More educated
75% hold a bachelor's degree
US average: 36%
Less affordable
home values up 30%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
7,011
+73%since 2020
from 4,055 in 2020
2020 – 2024
Population density
2,380 / sq mi
+73%since 2020
from 1,376 / sq mi in 2020
US average: 281
Median age
35.6
−1%since 2020
from 35.9 in 2020
US average: 38.9
Population, 20202024
4K5K6K6K7K20202024Census Tract 534.27
20247K
20202024
Section 02

Income & economy

Median household income
$146,932
−4%inflation adjusted, since 2020
from $126,250 in 2020
US average: $82,259
2020 – 2024
Per capita income
$63,130
+20%since 2020
from $52,748 in 2020
US average: $44,673
Households earning $100K+
81.5%
+12.1 ptssince 2020
from 69.4% in 2020
US average: 53.3%
Poverty rate
1.2%
−1.7 ptssince 2020
from 3.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.390
+1%since 2020
from 0.385 in 2020
US average: 0.476
Workforce by industry, 2024
Other services13%
US avg: 6.7%
Retail trade11.2%
US avg: 9.9%
Information10.4%
US avg: 10.8%
Public administration9.6%
US avg: 4.8%
Wholesale trade3.6%
US avg: 6.9%
Arts, entertainment, food1.9%
US avg: 1.9%
Transportation & warehousing1.7%
US avg: 2.2%
Finance & insurance1.4%
US avg: 5.9%
Agriculture, forestry, fishing1.2%
US avg: 1.6%
Construction1.2%
US avg: 1.2%
Education & health services0.9%
US avg: 0.9%
Professional, scientific, technical0.5%
US avg: 5.1%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$668,900
+30%inflation adjusted, since 2020
from $423,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,137
+32%inflation adjusted, since 2020
from $1,334 in 2020
US average: $1,442
Owner-occupied
77.6%
+1.5 ptssince 2020
from 76.2% in 2020
22.4% rent
Vacancy rate
6.9%
+3.6 ptssince 2020
from 3.3% in 2020
US average: 10.0%
Owner cost-burdened
11.0%
−2.7 ptssince 2020
from 13.7% in 2020
US average: 22.9%
Renter cost-burdened
44.8%
+4.7 ptssince 2020
from 40.1% in 2020
US average: 47.4%
Afford Score
4.6
+36%since 2020
from 3.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 534.27 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic81%(3,283)
Black0%(1)
Hispanic / Latino6.1%(247)
Asian12%(487)
Other0.9%(37)
Diversity Score40.8%(1,654)
2024
White, non-Hispanic62.5%(4,380)
Black4.7%(327)
Hispanic / Latino9.6%(672)
Asian19.3%(1,353)
Other4%(279)
Diversity Score69.9%(4,904)
Diversity Score
70
+71%since 2020
from 41 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
75.1%
+12.1 ptssince 2020
from 63.0% in 2020
US average: 35.6%
High school or higher
98.5%
+0.5 ptssince 2020
from 98.0% in 2020
US average: 89.6%
Graduate degree
27.5%
+11.0 ptssince 2020
from 16.5% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.9 min
+36%since 2020
from 22.0 min in 2020
US average: 26.5
Drive alone to work
58.7%
−23.8 ptssince 2020
from 82.5% in 2020
US average: 68.9%
Carpooled to work
2.1%
+0.3 ptssince 2020
from 1.8% in 2020
US average: 8.5%
Public transit
0.6%
+0.6 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
35.0%
+19.4 ptssince 2020
from 15.7% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.7%
−3.1 ptssince 2020
from 3.8% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.8%
+0.9 ptssince 2020
from 3.9% in 2020
US average: 5.2%
Labor force participation
67.4%
−9.8 ptssince 2020
from 77.2% in 2020
US average: 63.5%
Self-employed
9.3%
−0.2 ptssince 2020
from 9.5% in 2020
US average: 13.1%
Management & professional
63.9%
−2.2 ptssince 2020
from 66.1% in 2020
US average: 42.5%
Section 08

People & community

Male
51.0%
+4.8 ptssince 2020
from 46.2% in 2020
Female
49.0%
−4.8 ptssince 2020
from 53.8% in 2020
Foreign born
21.0%
+8.3 ptssince 2020
from 12.7% in 2020
US average: 14.1%
Veterans
2.7%
−1.8 ptssince 2020
from 4.5% in 2020
US average: 6.2%
With a disability
5.4%
+0.3 ptssince 2020
from 5.1% in 2020
US average: 13.3%
Uninsured
3.9%
+0.3 ptssince 2020
from 3.6% in 2020
US average: 8.4%
Broadband at home
99.4%
+1.4 ptssince 2020
from 98.0% in 2020
US average: 91.0%
English only at home
74.0%
−11.9 ptssince 2020
from 85.8% in 2020
US average: 77.7%
Spanish at home
7.6%
+3.3 ptssince 2020
from 4.3% 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 7,011 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 $146,932 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 $668,900, and the typical rent is about $2,137 a month.

How educated are people in this census tract?

About 75.1% 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 1.2% 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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