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CENSUS TRACT

Census Tract 541.06

North Carolina · Wake County · 9,648 residents · 5.643 sq mi
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520.01527.06528.11541.14541.18541.06
TRACT SHAPE · Wake County, NC
The short version

Census Tract 541.06 has lower-than-average household income, with a median household income of $72,118. Population has grown 16% since 2020. Median home value is $252,400. At a median age of 34.0, residents skew younger than the country as a whole. Households here earn about 32% less than the Wake County median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 34.0
US median: 38.9
Less educated
28% 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
9,648
+16%since 2020
from 8,346 in 2020
2020 – 2024
Population density
1,710 / sq mi
+16%since 2020
from 1,479 / sq mi in 2020
US average: 281
Median age
34.0
−10%since 2020
from 37.6 in 2020
US average: 38.9
Population, 20202024
8K9K9K9K10K20202024Census Tract 541.06
202410K
20202024
Section 02

Income & economy

Median household income
$72,118
−7%inflation adjusted, since 2020
from $63,803 in 2020
US average: $82,259
2020 – 2024
Per capita income
$31,798
+10%since 2020
from $28,967 in 2020
US average: $44,673
Households earning $100K+
45.1%
+3.2 ptssince 2020
from 41.9% in 2020
US average: 53.3%
Poverty rate
13.3%
+3.6 ptssince 2020
from 9.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.374
+2%since 2020
from 0.366 in 2020
US average: 0.476
Workforce by industry, 2024
Information12.4%
US avg: 10.8%
Wholesale trade11.6%
US avg: 6.9%
Retail trade5.7%
US avg: 9.9%
Other services5.2%
US avg: 6.7%
Transportation & warehousing3.4%
US avg: 2.2%
Arts, entertainment, food3%
US avg: 1.9%
Public administration2.6%
US avg: 4.8%
Finance & insurance2.2%
US avg: 5.9%
Professional, scientific, technical2.2%
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
$252,400
+20%inflation adjusted, since 2020
from $173,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,645
+8%inflation adjusted, since 2020
from $1,258 in 2020
US average: $1,442
Owner-occupied
63.2%
+9.2 ptssince 2020
from 54.0% in 2020
36.8% rent
Vacancy rate
6.3%
−2.8 ptssince 2020
from 9.1% in 2020
US average: 10.0%
Owner cost-burdened
21.9%
+2.4 ptssince 2020
from 19.5% in 2020
US average: 22.9%
Renter cost-burdened
51.3%
+14.6 ptssince 2020
from 36.8% in 2020
US average: 47.4%
Afford Score
3.5
+29%since 2020
from 2.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 541.06 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic19.9%(1,657)
Black47.5%(3,967)
Hispanic / Latino21.8%(1,819)
Asian2.6%(220)
Other8.2%(683)
Diversity Score85%(7,092)
2024
White, non-Hispanic16.2%(1,565)
Black33.5%(3,234)
Hispanic / Latino47.8%(4,609)
Asian0.6%(55)
Other1.9%(185)
Diversity Score79.1%(7,631)
Diversity Score
79
−7%since 2020
from 85 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
27.5%
−8.4 ptssince 2020
from 35.9% in 2020
US average: 35.6%
High school or higher
74.7%
−9.5 ptssince 2020
from 84.3% in 2020
US average: 89.6%
Graduate degree
7.3%
−5.1 ptssince 2020
from 12.4% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.5 min
−21%since 2020
from 26.1 min in 2020
US average: 26.5
Drive alone to work
66.1%
−14.5 ptssince 2020
from 80.5% in 2020
US average: 68.9%
Carpooled to work
14.3%
+5.0 ptssince 2020
from 9.2% in 2020
US average: 8.5%
Public transit
0.3%
−0.7 ptssince 2020
from 1.0% in 2020
US average: 3.2%
Worked from home
18.4%
+12.1 ptssince 2020
from 6.4% in 2020
US average: 15.0%
Walked to work
0.5%
−1.8 ptssince 2020
from 2.2% 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
5.7%
+1.8 ptssince 2020
from 3.9% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.4%
+3.7 ptssince 2020
from 3.6% in 2020
US average: 5.2%
Labor force participation
71.7%
+3.6 ptssince 2020
from 68.1% in 2020
US average: 63.5%
Self-employed
12.6%
−6.2 ptssince 2020
from 18.7% in 2020
US average: 13.1%
Management & professional
33.7%
−8.0 ptssince 2020
from 41.7% in 2020
US average: 42.5%
Section 08

People & community

Male
51.2%
+2.6 ptssince 2020
from 48.7% in 2020
Female
48.8%
−2.6 ptssince 2020
from 51.3% in 2020
Foreign born
24.8%
+12.8 ptssince 2020
from 12.0% in 2020
US average: 14.1%
Veterans
7.8%
+3.0 ptssince 2020
from 4.7% in 2020
US average: 6.2%
With a disability
14.4%
+2.5 ptssince 2020
from 11.9% in 2020
US average: 13.3%
Uninsured
23.3%
+0.8 ptssince 2020
from 22.5% in 2020
US average: 8.4%
Broadband at home
95.9%
+5.6 ptssince 2020
from 90.3% in 2020
US average: 91.0%
English only at home
48.6%
−23.8 ptssince 2020
from 72.4% in 2020
US average: 77.7%
Spanish at home
46.4%
+26.1 ptssince 2020
from 20.3% 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 9,648 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 $72,118 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 $252,400, and the typical rent is about $1,645 a month.

How educated are people in this census tract?

About 27.5% 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 13.3% 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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