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CENSUS TRACT

Census Tract 542.20

North Carolina · Wake County · 6,324 residents · 5.297 sq mi
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540.20540.21540.23542.06542.12542.13542.17542.18542.19542.20
TRACT SHAPE · Wake County, NC
The short version

Census Tract 542.20 is wealthier than most US places, with a median household income of $97,856. Population has grown 17% since 2020. Median home value has risen by half since 2020, reaching $420,900.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 36.8
US median: 38.9
More educated
44% 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
6,324
+17%since 2020
from 5,408 in 2020
2020 – 2024
Population density
1,194 / sq mi
+17%since 2020
from 1,021 / sq mi in 2020
US average: 281
Median age
36.8
−10%since 2020
from 40.9 in 2020
US average: 38.9
Population, 20202024
5K6K6K6K6K20202024Census Tract 542.20
20246K
20202024
Section 02

Income & economy

Median household income
$97,856
+30%inflation adjusted, since 2020
from $62,246 in 2020
US average: $82,259
2020 – 2024
Per capita income
$40,392
−2%since 2020
from $41,204 in 2020
US average: $44,673
Households earning $100K+
53.8%
+7.3 ptssince 2020
from 46.5% in 2020
US average: 53.3%
Poverty rate
13.4%
+2.4 ptssince 2020
from 11.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.468
−7%since 2020
from 0.504 in 2020
US average: 0.476
Workforce by industry, 2024
Information13.7%
US avg: 10.8%
Retail trade7.9%
US avg: 9.9%
Other services5.8%
US avg: 6.7%
Wholesale trade4.9%
US avg: 6.9%
Arts, entertainment, food4.9%
US avg: 1.9%
Public administration3.6%
US avg: 4.8%
Transportation & warehousing2.1%
US avg: 2.2%
Finance & insurance1.7%
US avg: 5.9%
Professional, scientific, technical1.4%
US avg: 5.1%
Education & health services0.3%
US avg: 0.9%
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
$420,900
+26%inflation adjusted, since 2020
from $275,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,148
−10%inflation adjusted, since 2020
from $1,052 in 2020
US average: $1,442
Owner-occupied
45.0%
−9.5 ptssince 2020
from 54.6% in 2020
55.0% rent
Vacancy rate
7.8%
+1.2 ptssince 2020
from 6.6% in 2020
US average: 10.0%
Owner cost-burdened
21.6%
+3.2 ptssince 2020
from 18.3% in 2020
US average: 22.9%
Renter cost-burdened
43.2%
−10.9 ptssince 2020
from 54.1% in 2020
US average: 47.4%
Afford Score
4.3
−3%since 2020
from 4.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 542.20 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic62.4%(3,373)
Black26.8%(1,450)
Hispanic / Latino7.9%(428)
Asian0.2%(9)
Other2.7%(148)
Diversity Score66.5%(3,597)
2024
White, non-Hispanic58.1%(3,675)
Black27.9%(1,764)
Hispanic / Latino10%(633)
Asian1.5%(97)
Other2.5%(155)
Diversity Score71.7%(4,535)
Diversity Score
72
+8%since 2020
from 67 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
43.6%
−2.7 ptssince 2020
from 46.3% in 2020
US average: 35.6%
High school or higher
92.7%
−1.4 ptssince 2020
from 94.1% in 2020
US average: 89.6%
Graduate degree
18.8%
+3.1 ptssince 2020
from 15.7% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.5 min
−7%since 2020
from 26.4 min in 2020
US average: 26.5
Drive alone to work
58.4%
−25.7 ptssince 2020
from 84.2% in 2020
US average: 68.9%
Carpooled to work
1.9%
−0.3 ptssince 2020
from 2.2% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
38.4%
+25.8 ptssince 2020
from 12.5% in 2020
US average: 15.0%
Walked to work
0.0%
−1.1 ptssince 2020
from 1.1% 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
6.1%
Unchangedsince 2020
from 6.1% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.3%
−4.1 ptssince 2020
from 7.5% in 2020
US average: 5.2%
Labor force participation
64.3%
−2.7 ptssince 2020
from 67.1% in 2020
US average: 63.5%
Self-employed
10.1%
−3.3 ptssince 2020
from 13.5% in 2020
US average: 13.1%
Management & professional
54.0%
−2.1 ptssince 2020
from 56.1% in 2020
US average: 42.5%
Section 08

People & community

Male
49.4%
−0.5 ptssince 2020
from 49.9% in 2020
Female
50.6%
+0.5 ptssince 2020
from 50.1% in 2020
Foreign born
8.6%
+1.2 ptssince 2020
from 7.4% in 2020
US average: 14.1%
Veterans
11.2%
+6.9 ptssince 2020
from 4.3% in 2020
US average: 6.2%
With a disability
12.0%
−2.1 ptssince 2020
from 14.1% in 2020
US average: 13.3%
Uninsured
4.3%
−0.9 ptssince 2020
from 5.2% in 2020
US average: 8.4%
Broadband at home
96.9%
+0.7 ptssince 2020
from 96.2% in 2020
US average: 91.0%
English only at home
88.2%
−4.8 ptssince 2020
from 93.0% in 2020
US average: 77.7%
Spanish at home
7.6%
+2.8 ptssince 2020
from 4.8% 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 6,324 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 $97,856 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 $420,900, and the typical rent is about $1,148 a month.

How educated are people in this census tract?

About 43.6% 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 13.4% 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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