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CENSUS TRACT

Census Tract 538.08

North Carolina · Wake County · 5,452 residents · 7.799 sq mi
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537.23538.06540.07540.11540.12540.16540.17540.19538.08
TRACT SHAPE · Wake County, NC
The short version

Census Tract 538.08 is significantly wealthier than the US average, with a median household income of $180,897. Population has held roughly steady since 2020. 81% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $757,800. With a median age of 45.5, the population is older than the US median of 38.9. Households here earn about 71% more than the Wake County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 45.5
US median: 38.9
More educated
81% 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
5,452
+4%since 2020
from 5,223 in 2020
2020 – 2024
Population density
699 / sq mi
+4%since 2020
from 670 / sq mi in 2020
US average: 281
Median age
45.5
−3%since 2020
from 47.0 in 2020
US average: 38.9
Population, 20202024
5K5K5K5K5K20202024Census Tract 538.08
20245K
20202024
Section 02

Income & economy

Median household income
$180,897
−3%inflation adjusted, since 2020
from $153,902 in 2020
US average: $82,259
2020 – 2024
Per capita income
$86,652
+9%since 2020
from $79,424 in 2020
US average: $44,673
Households earning $100K+
87.2%
+7.6 ptssince 2020
from 79.6% in 2020
US average: 53.3%
Poverty rate
1.0%
−1.3 ptssince 2020
from 2.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.391
−14%since 2020
from 0.454 in 2020
US average: 0.476
Workforce by industry, 2024
Other services17%
US avg: 6.7%
Information6.6%
US avg: 10.8%
Public administration6.6%
US avg: 4.8%
Retail trade3.4%
US avg: 9.9%
Arts, entertainment, food2.3%
US avg: 1.9%
Wholesale trade2%
US avg: 6.9%
Transportation & warehousing1.7%
US avg: 2.2%
Finance & insurance0.9%
US avg: 5.9%
Professional, scientific, technical0.9%
US avg: 5.1%
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
$757,800
+14%inflation adjusted, since 2020
from $547,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,825
US average: $1,442
Owner-occupied
98.2%
−1.2 ptssince 2020
from 99.4% in 2020
1.8% rent
Vacancy rate
2.4%
−2.1 ptssince 2020
from 4.5% in 2020
US average: 10.0%
Owner cost-burdened
17.4%
−1.1 ptssince 2020
from 18.6% 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
4.2
+18%since 2020
from 3.6 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 538.08 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic83.8%(4,376)
Black3.5%(181)
Hispanic / Latino1%(52)
Asian7.8%(407)
Other4%(207)
Diversity Score36.1%(1,887)
2024
White, non-Hispanic84.8%(4,623)
Black2.7%(147)
Hispanic / Latino1%(53)
Asian5.2%(284)
Other6.3%(345)
Diversity Score34.2%(1,864)
Diversity Score
34
−5%since 2020
from 36 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
80.7%
+9.7 ptssince 2020
from 71.1% in 2020
US average: 35.6%
High school or higher
100.0%
+1.4 ptssince 2020
from 98.6% in 2020
US average: 89.6%
Graduate degree
34.3%
+7.9 ptssince 2020
from 26.4% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.6 min
−18%since 2020
from 25.2 min in 2020
US average: 26.5
Drive alone to work
54.3%
−8.0 ptssince 2020
from 62.3% in 2020
US average: 68.9%
Carpooled to work
0.7%
−3.9 ptssince 2020
from 4.6% in 2020
US average: 8.5%
Public transit
0.0%
−0.2 ptssince 2020
from 0.2% in 2020
US average: 3.2%
Worked from home
43.7%
+12.8 ptssince 2020
from 30.9% in 2020
US average: 15.0%
Walked to work
0.8%
+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
0.0%
−2.4 ptssince 2020
from 2.4% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.5%
+1.0 ptssince 2020
from 1.5% in 2020
US average: 5.2%
Labor force participation
63.3%
+1.5 ptssince 2020
from 61.8% in 2020
US average: 63.5%
Self-employed
7.9%
+3.7 ptssince 2020
from 4.2% in 2020
US average: 13.1%
Management & professional
79.2%
+5.6 ptssince 2020
from 73.6% in 2020
US average: 42.5%
Section 08

People & community

Male
51.7%
+3.2 ptssince 2020
from 48.4% in 2020
Female
48.3%
−3.2 ptssince 2020
from 51.6% in 2020
Foreign born
8.5%
−0.6 ptssince 2020
from 9.1% in 2020
US average: 14.1%
Veterans
9.5%
+2.5 ptssince 2020
from 6.9% in 2020
US average: 6.2%
With a disability
3.8%
−2.7 ptssince 2020
from 6.5% in 2020
US average: 13.3%
Uninsured
0.4%
−3.7 ptssince 2020
from 4.1% in 2020
US average: 8.4%
Broadband at home
99.1%
+3.6 ptssince 2020
from 95.5% in 2020
US average: 91.0%
English only at home
94.6%
+2.5 ptssince 2020
from 92.1% in 2020
US average: 77.7%
Spanish at home
0.7%
−0.1 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 5,452 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 $180,897 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 $757,800, and the typical rent is about $2,825 a month.

How educated are people in this census tract?

About 80.7% 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 1.0% 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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