CENSUS TRACT
Census Tract 540.15
North Carolina · Wake County · 5,094 residents · 1.849 sq mi
Notable rankings
#104highest foreign-born in NC26.6%#134highest rent burden in NC69.5%#347highest rent in NC$1,729#347highest high poverty in NC24.7%TRACT SHAPE · Wake County, NC
The short version
Census Tract 540.15 has notably lower household income than the US average, with a median household income of $58,021. Population has grown 24% since 2020. 48% of adults hold a bachelor's degree or higher. Median home value has risen by half since 2020, reaching $320,300. At a median age of 33.4, residents skew younger than the country as a whole. Households here earn about 45% less than the Wake County median.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 33.4
US median: 38.9
More educated
48% hold a bachelor's degree
US average: 36%
Less affordable
home values up 28%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
5,094
+24%since 2020
from 4,119 in 2020
2020 – 2024
Population density
2,755 / sq mi
+24%since 2020
from 2,228 / sq mi in 2020
US average: 281
Median age
33.4
+5%since 2020
from 31.8 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$58,021
−13%inflation adjusted, since 2020
from $55,208 in 2020
US average: $82,259
2020 – 2024
Per capita income
$34,716
+29%since 2020
from $26,997 in 2020
US average: $44,673
Households earning $100K+
44.4%
+9.9 ptssince 2020
from 34.5% in 2020
US average: 53.3%
Poverty rate
24.7%
−2.9 ptssince 2020
from 27.6% in 2020
US average: 12.5%
Income inequality (Gini)
0.477
+17%since 2020
from 0.407 in 2020
US average: 0.476
Workforce by industry, 2024
Information13.2%
Other services8.2%
Public administration7.7%
Finance & insurance7.3%
Professional, scientific, technical7.3%
Arts, entertainment, food5.7%
Wholesale trade4.8%
Retail trade2.8%
Transportation & warehousing0.8%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$320,300
+28%inflation adjusted, since 2020
from $206,400 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,729
+20%inflation adjusted, since 2020
from $1,186 in 2020
US average: $1,442
Owner-occupied
35.8%
+1.7 ptssince 2020
from 34.2% in 2020
64.2% rent
Vacancy rate
6.7%
−7.6 ptssince 2020
from 14.3% in 2020
US average: 10.0%
Owner cost-burdened
17.3%
−9.6 ptssince 2020
from 26.9% in 2020
US average: 22.9%
Renter cost-burdened
69.5%
+22.9 ptssince 2020
from 46.7% in 2020
US average: 47.4%
Afford Score
5.5
+48%since 2020
from 3.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 540.15 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic43.6%(1,796)
Black30%(1,234)
Hispanic / Latino16.7%(688)
Asian6%(246)
Other3.8%(155)
Diversity Score85.9%(3,538)
2024
White, non-Hispanic35.4%(1,805)
Black39.3%(2,002)
Hispanic / Latino16.5%(839)
Asian7.8%(396)
Other1%(52)
Diversity Score85.8%(4,373)
Diversity Score
86
Unchangedsince 2020
from 86 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
48.3%
−1.8 ptssince 2020
from 50.1% in 2020
US average: 35.6%
High school or higher
94.5%
−0.3 ptssince 2020
from 94.7% in 2020
US average: 89.6%
Graduate degree
16.8%
+3.9 ptssince 2020
from 12.9% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
29.2 min
+28%since 2020
from 22.8 min in 2020
US average: 26.5
Drive alone to work
72.0%
−5.8 ptssince 2020
from 77.8% in 2020
US average: 68.9%
Carpooled to work
9.1%
+0.5 ptssince 2020
from 8.6% in 2020
US average: 8.5%
Public transit
0.0%
−2.9 ptssince 2020
from 2.9% in 2020
US average: 3.2%
Worked from home
17.5%
+8.0 ptssince 2020
from 9.4% in 2020
US average: 15.0%
Walked to work
1.4%
+1.0 ptssince 2020
from 0.4% 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
1.6%
−2.0 ptssince 2020
from 3.6% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
6.7%
−3.6 ptssince 2020
from 10.3% in 2020
US average: 5.2%
Labor force participation
77.8%
+5.9 ptssince 2020
from 71.8% in 2020
US average: 63.5%
Self-employed
11.5%
−2.0 ptssince 2020
from 13.5% in 2020
US average: 13.1%
Management & professional
40.3%
+0.2 ptssince 2020
from 40.0% in 2020
US average: 42.5%
Section 08
People & community
Male
46.6%
+1.0 ptssince 2020
from 45.6% in 2020
Female
53.4%
−1.0 ptssince 2020
from 54.4% in 2020
Foreign born
26.6%
+1.8 ptssince 2020
from 24.8% in 2020
US average: 14.1%
Veterans
3.8%
−0.3 ptssince 2020
from 4.2% in 2020
US average: 6.2%
With a disability
9.0%
−1.2 ptssince 2020
from 10.2% in 2020
US average: 13.3%
Uninsured
11.1%
+0.1 ptssince 2020
from 11.0% in 2020
US average: 8.4%
Broadband at home
88.2%
+4.0 ptssince 2020
from 84.2% in 2020
US average: 91.0%
English only at home
73.2%
+1.8 ptssince 2020
from 71.3% in 2020
US average: 77.7%
Spanish at home
13.0%
+0.2 ptssince 2020
from 12.8% in 2020
US average: 13.6%
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Compare Census Tract 540.15 to nearby tracts
CENSUS TRACT 540.15 VS
Census Tract 540.08
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Home value$250,500−22%
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CENSUS TRACT 540.15 VS
Census Tract 540.22
Income$70,243+21%
Home value$328,600+3%
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CENSUS TRACT 540.15 VS
Census Tract 540.18
Income$56,321−3%
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CENSUS TRACT 540.15 VS
Census Tract 541.16
Income$82,344+42%
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Frequently asked
How many people live in this census tract?
this census tract has about 5,094 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 $58,021 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 $320,300, and the typical rent is about $1,729 a month.
How educated are people in this census tract?
About 48.3% 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 24.7% 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