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CENSUS TRACT

Census Tract 540.19

North Carolina · Wake County · 4,938 residents · 1.493 sq mi
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538.08540.11540.16540.17540.20540.21540.23542.13540.19
TRACT SHAPE · Wake County, NC
The short version

Census Tract 540.19 is significantly wealthier than the US average, with a median household income of $150,833. Population has held roughly steady since 2020. 70% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $553,200. With a median age of 45.8, the population is older than the US median of 38.9. Households here earn about 43% more than the Wake County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 45.8
US median: 38.9
More educated
70% 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
4,938
+8%since 2020
from 4,586 in 2020
2020 – 2024
Population density
3,307 / sq mi
+8%since 2020
from 3,072 / sq mi in 2020
US average: 281
Median age
45.8
+10%since 2020
from 41.5 in 2020
US average: 38.9
Population, 20202024
5K5K5K5K5K20202024Census Tract 540.19
20245K
20202024
Section 02

Income & economy

Median household income
$150,833
+12%inflation adjusted, since 2020
from $110,850 in 2020
US average: $82,259
2020 – 2024
Per capita income
$76,946
+43%since 2020
from $53,986 in 2020
US average: $44,673
Households earning $100K+
77.0%
+7.8 ptssince 2020
from 69.2% in 2020
US average: 53.3%
Poverty rate
7.4%
+6.8 ptssince 2020
from 0.6% in 2020
US average: 12.5%
Income inequality (Gini)
0.452
+24%since 2020
from 0.364 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade14.5%
US avg: 9.9%
Other services11.1%
US avg: 6.7%
Public administration9.4%
US avg: 4.8%
Wholesale trade6.7%
US avg: 6.9%
Information6.2%
US avg: 10.8%
Finance & insurance3.7%
US avg: 5.9%
Professional, scientific, technical2%
US avg: 5.1%
Education & health services1.7%
US avg: 0.9%
Transportation & warehousing1.4%
US avg: 2.2%
Arts, entertainment, food1.1%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$553,200
+21%inflation adjusted, since 2020
from $377,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,161
+42%inflation adjusted, since 2020
from $1,258 in 2020
US average: $1,442
Owner-occupied
69.4%
−4.2 ptssince 2020
from 73.6% in 2020
30.6% rent
Vacancy rate
12.2%
−3.7 ptssince 2020
from 15.9% in 2020
US average: 10.0%
Owner cost-burdened
17.8%
+3.7 ptssince 2020
from 14.1% in 2020
US average: 22.9%
Renter cost-burdened
41.3%
−14.1 ptssince 2020
from 55.5% in 2020
US average: 47.4%
Afford Score
3.7
+8%since 2020
from 3.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 540.19 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic79.1%(3,626)
Black10.9%(498)
Hispanic / Latino1.1%(51)
Asian2.9%(132)
Other6.1%(279)
Diversity Score44.8%(2,055)
2024
White, non-Hispanic71.1%(3,510)
Black9.6%(476)
Hispanic / Latino7.1%(352)
Asian1.2%(57)
Other11%(543)
Diversity Score58.5%(2,890)
Diversity Score
59
+31%since 2020
from 45 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
70.5%
+15.0 ptssince 2020
from 55.5% in 2020
US average: 35.6%
High school or higher
95.7%
−2.0 ptssince 2020
from 97.6% in 2020
US average: 89.6%
Graduate degree
25.0%
+5.9 ptssince 2020
from 19.1% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.1 min
−9%since 2020
from 26.3 min in 2020
US average: 26.5
Drive alone to work
64.6%
−14.7 ptssince 2020
from 79.3% in 2020
US average: 68.9%
Carpooled to work
1.2%
−3.4 ptssince 2020
from 4.6% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
34.2%
+19.6 ptssince 2020
from 14.5% in 2020
US average: 15.0%
Walked to work
0.0%
−0.7 ptssince 2020
from 0.7% 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
9.7%
+6.5 ptssince 2020
from 3.2% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.6%
−1.5 ptssince 2020
from 4.1% in 2020
US average: 5.2%
Labor force participation
63.0%
−4.1 ptssince 2020
from 67.1% in 2020
US average: 63.5%
Self-employed
5.1%
−2.9 ptssince 2020
from 8.0% in 2020
US average: 13.1%
Management & professional
74.1%
+9.2 ptssince 2020
from 64.9% in 2020
US average: 42.5%
Section 08

People & community

Male
49.3%
+8.8 ptssince 2020
from 40.6% in 2020
Female
50.7%
−8.8 ptssince 2020
from 59.4% in 2020
Foreign born
9.9%
+5.2 ptssince 2020
from 4.7% in 2020
US average: 14.1%
Veterans
6.0%
+1.5 ptssince 2020
from 4.5% in 2020
US average: 6.2%
With a disability
8.8%
+3.6 ptssince 2020
from 5.2% in 2020
US average: 13.3%
Uninsured
2.1%
−6.6 ptssince 2020
from 8.7% in 2020
US average: 8.4%
Broadband at home
94.9%
−0.7 ptssince 2020
from 95.6% in 2020
US average: 91.0%
English only at home
88.4%
−8.0 ptssince 2020
from 96.4% in 2020
US average: 77.7%
Spanish at home
5.8%
+5.8 ptssince 2020
from 0.0% 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 4,938 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 $150,833 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 $553,200, and the typical rent is about $2,161 a month.

How educated are people in this census tract?

About 70.5% 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 7.4% 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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