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CENSUS TRACT

Census Tract 111.02

Virginia · Albemarle County · 3,289 residents · 2.208 sq mi
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111.01111.03111.02
TRACT SHAPE · Albemarle County, VA
The short version

Census Tract 111.02 is significantly wealthier than the US average, with a median household income of $120,729. Population has grown 31% since 2020. 72% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has risen by half since 2020, reaching $572,700.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 39.6
US median: 38.9
More educated
72% hold a bachelor's degree
US average: 36%
Less affordable
home values up 31%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,289
+31%since 2020
from 2,504 in 2020
2020 – 2024
Population density
1,490 / sq mi
+31%since 2020
from 1,134 / sq mi in 2020
US average: 281
Median age
39.6
−12%since 2020
from 45.0 in 2020
US average: 38.9
Population, 20202024
2K3K3K3K3K20202024Census Tract 111.02
20243K
20202024
Section 02

Income & economy

Median household income
$120,729
−8%inflation adjusted, since 2020
from $108,065 in 2020
US average: $82,259
2020 – 2024
Per capita income
$60,485
+35%since 2020
from $44,750 in 2020
US average: $44,673
Households earning $100K+
79.3%
+20.6 ptssince 2020
from 58.8% in 2020
US average: 53.3%
Poverty rate
7.3%
+6.7 ptssince 2020
from 0.6% in 2020
US average: 12.5%
Income inequality (Gini)
0.348
Unchangedsince 2020
from 0.347 in 2020
US average: 0.476
Workforce by industry, 2024
Information10.1%
US avg: 10.8%
Retail trade5.5%
US avg: 9.9%
Wholesale trade5.5%
US avg: 6.9%
Other services4%
US avg: 6.7%
Public administration4%
US avg: 4.8%
Agriculture, forestry, fishing2.1%
US avg: 1.6%
Construction2.1%
US avg: 1.2%
Arts, entertainment, food2%
US avg: 1.9%
Transportation & warehousing0.6%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$572,700
+31%inflation adjusted, since 2020
from $361,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,751
−20%inflation adjusted, since 2020
from $1,798 in 2020
US average: $1,442
Owner-occupied
86.0%
+4.0 ptssince 2020
from 82.0% in 2020
14.0% rent
Vacancy rate
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 10.0%
Owner cost-burdened
26.3%
+15.1 ptssince 2020
from 11.1% in 2020
US average: 22.9%
Renter cost-burdened
0.5%
+0.5 ptssince 2020
from 0.0% in 2020
US average: 47.4%
Afford Score
4.7
+42%since 2020
from 3.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 111.02 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic94%(2,353)
Black2.6%(64)
Hispanic / Latino0.8%(20)
Asian0.5%(13)
Other2.2%(54)
Diversity Score14.5%(362)
2024
White, non-Hispanic88.4%(2,909)
Black0.5%(16)
Hispanic / Latino0%(0)
Asian5.3%(175)
Other5.7%(189)
Diversity Score26.4%(870)
Diversity Score
26
+83%since 2020
from 14 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
72.3%
+2.0 ptssince 2020
from 70.3% in 2020
US average: 35.6%
High school or higher
97.6%
+4.5 ptssince 2020
from 93.1% in 2020
US average: 89.6%
Graduate degree
39.2%
−1.5 ptssince 2020
from 40.7% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.0 min
−32%since 2020
from 30.8 min in 2020
US average: 26.5
Drive alone to work
72.1%
−10.5 ptssince 2020
from 82.6% in 2020
US average: 68.9%
Carpooled to work
5.8%
+5.8 ptssince 2020
from 0.0% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
22.1%
+7.3 ptssince 2020
from 14.8% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
−2.6 ptssince 2020
from 2.6% in 2020
US average: 0.4%
No vehicle available
1.0%
+1.0 ptssince 2020
from 0.0% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−5.2 ptssince 2020
from 5.2% in 2020
US average: 5.2%
Labor force participation
67.9%
+0.9 ptssince 2020
from 67.1% in 2020
US average: 63.5%
Self-employed
20.2%
−9.1 ptssince 2020
from 29.3% in 2020
US average: 13.1%
Management & professional
74.5%
+3.2 ptssince 2020
from 71.3% in 2020
US average: 42.5%
Section 08

People & community

Male
45.7%
−3.3 ptssince 2020
from 49.0% in 2020
Female
54.3%
+3.3 ptssince 2020
from 51.0% in 2020
Foreign born
5.9%
−1.2 ptssince 2020
from 7.1% in 2020
US average: 14.1%
Veterans
4.8%
−4.7 ptssince 2020
from 9.5% in 2020
US average: 6.2%
With a disability
5.3%
+2.1 ptssince 2020
from 3.2% in 2020
US average: 13.3%
Uninsured
2.6%
+2.2 ptssince 2020
from 0.4% in 2020
US average: 8.4%
Broadband at home
98.9%
+1.6 ptssince 2020
from 97.3% in 2020
US average: 91.0%
English only at home
94.5%
−3.0 ptssince 2020
from 97.5% in 2020
US average: 77.7%
Spanish at home
0.0%
−0.8 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 3,289 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 $120,729 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 $572,700, and the typical rent is about $1,751 a month.

How educated are people in this census tract?

About 72.3% 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 7.3% 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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