CENSUS TRACT
Census Tract 538.06
North Carolina · Wake County · 3,401 residents · 4.033 sq mi
The short version
Census Tract 538.06 is significantly wealthier than the US average, with a median household income of $173,889. Population has held roughly steady since 2020. 76% 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 $616,400. With a median age of 45.9, the population is older than the US median of 38.9. Households here earn about 64% more than the Wake County median.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 45.9
US median: 38.9
More educated
76% hold a bachelor's degree
US average: 36%
Less affordable
home values up 26%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
3,401
+12%since 2020
from 3,031 in 2020
2020 – 2024
Population density
843 / sq mi
+12%since 2020
from 752 / sq mi in 2020
US average: 281
Median age
45.9
Unchangedsince 2020
from 46.1 in 2020
US average: 38.9
Population, 2020 – 2024
20243K
Section 02
Income & economy
Median household income
$173,889
+11%inflation adjusted, since 2020
from $129,449 in 2020
US average: $82,259
2020 – 2024
Per capita income
$79,488
+54%since 2020
from $51,778 in 2020
US average: $44,673
Households earning $100K+
82.6%
+5.7 ptssince 2020
from 76.8% in 2020
US average: 53.3%
Poverty rate
3.6%
+2.3 ptssince 2020
from 1.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.422
+16%since 2020
from 0.363 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade17.5%
Wholesale trade6.9%
Information6.1%
Other services5.3%
Transportation & warehousing3.4%
Finance & insurance3.3%
Public administration2.9%
Arts, entertainment, food2.8%
Professional, scientific, technical1.9%
Education & health services1.3%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$616,400
+26%inflation adjusted, since 2020
from $404,200 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
97.9%
−1.3 ptssince 2020
from 99.2% in 2020
2.1% rent
Vacancy rate
0.0%
−8.2 ptssince 2020
from 8.2% in 2020
US average: 10.0%
Owner cost-burdened
16.5%
+0.1 ptssince 2020
from 16.4% in 2020
US average: 22.9%
Renter cost-burdened
0.0%
−100.0 ptssince 2020
from 100.0% in 2020
US average: 47.4%
Afford Score
3.5
+14%since 2020
from 3.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 538.06 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic94%(2,850)
Black0.7%(22)
Hispanic / Latino2.1%(65)
Asian2.6%(79)
Other0.5%(15)
Diversity Score14.3%(434)
2024
White, non-Hispanic83.1%(2,827)
Black5.1%(173)
Hispanic / Latino4.8%(164)
Asian3.5%(118)
Other3.5%(119)
Diversity Score37.7%(1,283)
Diversity Score
38
+163%since 2020
from 14 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
75.8%
+7.5 ptssince 2020
from 68.3% in 2020
US average: 35.6%
High school or higher
99.5%
+2.4 ptssince 2020
from 97.0% in 2020
US average: 89.6%
Graduate degree
29.7%
+5.2 ptssince 2020
from 24.5% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
26.1 min
+13%since 2020
from 23.1 min in 2020
US average: 26.5
Drive alone to work
61.8%
−13.2 ptssince 2020
from 74.9% in 2020
US average: 68.9%
Carpooled to work
4.3%
−4.8 ptssince 2020
from 9.2% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
32.8%
+18.9 ptssince 2020
from 13.9% in 2020
US average: 15.0%
Walked to work
0.0%
−0.4 ptssince 2020
from 0.4% 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
2.1%
+2.1 ptssince 2020
from 0.0% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
2.0%
+0.2 ptssince 2020
from 1.8% in 2020
US average: 5.2%
Labor force participation
61.5%
−0.5 ptssince 2020
from 62.0% in 2020
US average: 63.5%
Self-employed
3.9%
−8.6 ptssince 2020
from 12.5% in 2020
US average: 13.1%
Management & professional
73.7%
+3.2 ptssince 2020
from 70.5% in 2020
US average: 42.5%
Section 08
People & community
Male
48.3%
−3.0 ptssince 2020
from 51.3% in 2020
Female
51.7%
+3.0 ptssince 2020
from 48.7% in 2020
Foreign born
9.9%
+5.7 ptssince 2020
from 4.2% in 2020
US average: 14.1%
Veterans
9.2%
+4.4 ptssince 2020
from 4.8% in 2020
US average: 6.2%
With a disability
4.1%
−1.0 ptssince 2020
from 5.1% in 2020
US average: 13.3%
Uninsured
3.3%
+2.9 ptssince 2020
from 0.4% in 2020
US average: 8.4%
Broadband at home
92.6%
−6.2 ptssince 2020
from 98.8% in 2020
US average: 91.0%
English only at home
96.2%
−1.2 ptssince 2020
from 97.4% in 2020
US average: 77.7%
Spanish at home
0.3%
−0.1 ptssince 2020
from 0.4% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 538.06 to nearby tracts
CENSUS TRACT 538.06 VS
Census Tract 538.05
Income$160,682−8%
Home value$723,000+17%
Population1,984−42%
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CENSUS TRACT 538.06 VS
Census Tract 538.08
Income$180,897+4%
Home value$757,800+23%
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CENSUS TRACT 538.06 VS
Census Tract 538.07
Income$157,969−9%
Home value$652,300+6%
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CENSUS TRACT 538.06 VS
Census Tract 540.19
Income$150,833−13%
Home value$553,200−10%
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Frequently asked
How many people live in this census tract?
this census tract has about 3,401 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 $173,889 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 $616,400.
How educated are people in this census tract?
About 75.8% 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 3.6% of people in this census tract live below the federal poverty line.
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Explore from here
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