Census tract · Wake County
Census Tract 505, Wake County, North Carolina
Census Tract 505, GEOID 37183050500, in Wake County, North Carolina, entirely within Raleigh. 4,025 residents in the ACS 2020-2024 5-year estimates (±492); the 2020 Census counted 3,880.
Residents, 2020-2024
4,025
±492 (90% margin)
2020 Census count: 3,880
Median household income
$122,500
±$40,839 (90% margin)
Wake County: $105,768
Median home value
$553,300
±$78,448 (90% margin)
Wake County: $461,300
Median gross rent
$1,450
±$218 (90% margin)
Wake County: $1,623
Where is Census Tract 505?
Census Tract 505 is one of 230 census tracts in Wake County, North Carolina. It covers 1.30 square miles of land, 2,980 residents per square mile in 2020. Its GEOID, 37183050500, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Raleigh | 100% |
6 census tracts border Census Tract 505: Tract 501 ($97,273), Tract 504 ($95,833), Tract 506 ($95,396), Tract 518 ($159,460), Tract 519 ($62,875) and Tract 527.06 ($74,000). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 505?
The 2020-2024 American Community Survey puts Census Tract 505's population at 4,025 (±492) in 2,016 households; the 2020 Census counted 3,880 residents and 1,844 housing units.
| Measure | Tract 505 | Raleigh |
|---|---|---|
| Total population | 4,025±492 | 481,031 |
| Households | 2,016±316 | 203,443 |
| Average household size | 1.98±0.19 | 2.27 |
| Housing units | 2,201±329 | 224,853 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 505?
The median resident of Census Tract 505 is 35.9 years old; 23.7% are under 18 and 16.0% are 65 or older. The largest group is non-Hispanic white residents at 56.3%, then non-Hispanic Black residents at 21.9%. 7.8% of residents were born outside the United States.
| Measure | Tract 505 | Raleigh |
|---|---|---|
| Median age | 35.9±2.5 | 34.7 |
| Under 18 years | 23.7%±3.7 pts | 19.8% |
| 65 years and over | 16.0%±7.6 pts | 11.9% |
| Hispanic or Latino (any race) | 11.1%±6.8 pts | 12.6% |
| White alone, not Hispanic | 56.3%±8.5 pts | 51.1% |
| Black or African American alone, not Hispanic | 21.9%±8.6 pts | 26.0% |
| Asian alone, not Hispanic | 1.3%±1.2 pts | 5.2% |
| American Indian and Alaska Native alone, not Hispanic | 0.4%±0.6 pts | 0.2% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0%±1.0 pts | 0.0% |
| Two or more races, not Hispanic | 9.1%±4.0 pts | 4.4% |
| Some other race alone, not Hispanic | 0.0%±1.0 pts | 0.5% |
| Born outside the United States | 7.8%±3.1 pts | 13.8% |
| Speak a language other than English at home (age 5+) | 9.7%±5.9 pts | 18.9% |
| Civilian veterans (age 18+) | 10.3%±7.4 pts | 4.7% |
| With a disability | 6.1%±3.0 pts | 9.6% |
| No health insurance coverage | 8.6%±3.0 pts | 9.3% |
| High school graduate or higher (age 25+) | 94.5%±4.1 pts | 92.6% |
| Bachelor's degree or higher (age 25+) | 77.5%±6.2 pts | 54.0% |
| Graduate or professional degree (age 25+) | 43.5%±9.2 pts | 21.1% |
| Lived in the same house a year earlier | 87.1%±5.8 pts | 81.3% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 505 earn?
Half of the 2,016 households in Census Tract 505 earn less than $122,500 a year (±$40,839), against $105,768 across Wake County: 83rd highest of the county's 228 tracts with a reliable estimate. 17.2% of residents live below the poverty line.
| Measure | Tract 505 | Raleigh |
|---|---|---|
| Median household income | $122,500±$40,839 | $85,395 |
| Mean household income | $134,730±$15,163 | $122,525 |
| Per capita income | $68,436±$9,342 | $52,897 |
| People below the poverty line | 17.2%±7.6 pts | 11.9% |
| Children under 18 below the poverty line | 38.4%±17.1 pts | 16.0% |
| Households receiving SNAP | 8.4%±4.0 pts | 8.4% |
| Households with a computer | 98.5%±1.2 pts | 98.1% |
| Households with a broadband subscription | 96.9%±1.8 pts | 94.7% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 505?
Owners occupy 70.3% of Census Tract 505's occupied homes and renters 29.7%. The median owner-occupied home is valued at $553,300 by its owner (±$78,448). The median renter pays $1,450 a month including utilities, and 44.9% of renters pay 35% or more of their income on rent.
| Measure | Tract 505 | Raleigh |
|---|---|---|
| Median home value (owner-occupied) | $553,300±$78,448 | $415,800 |
| Median gross rent | $1,450±$218 | $1,572 |
| Renters paying 35% or more of income on rent | 44.9%±21.7 pts | 41.1% |
| Median monthly owner costs, with a mortgage | $2,595±$217 | $1,910 |
| Owner-occupied homes | 70.3%±7.4 pts | 50.7% |
| Renter-occupied homes | 29.7%±7.4 pts | 49.3% |
| Housing units | 2,201±329 | 224,853 |
| Single-family detached homes | 78.2%±5.8 pts | 43.7% |
| Mobile homes | 0.5%±0.7 pts | 1.3% |
| Built 2020 or later | 0.3%±0.5 pts | 3.0% |
| Built 2010 to 2019 | 12.1%±4.1 pts | 18.3% |
| Built 1939 or earlier | 10.4%±3.9 pts | 2.5% |
| Households with no vehicle | 9.3%±5.8 pts | 6.0% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 505 get to work?
59.6% of Census Tract 505's workers drive alone and 33.2% work from home. The average trip to work takes 17.3 minutes.
| Measure | Tract 505 | Raleigh |
|---|---|---|
| In the labor force (age 16+) | 68.3%±9.2 pts | 70.9% |
| Unemployment rate | 0.9%±1.0 pts | 4.4% |
| Drove alone to work | 59.6%±8.2 pts | 62.3% |
| Carpooled | 2.9%±2.5 pts | 6.7% |
| Public transportation | 3.3%±4.2 pts | 1.4% |
| Walked | 1.0%±1.0 pts | 1.6% |
| Worked from home | 33.2%±7.0 pts | 25.8% |
| Mean travel time to work | 17.3 min±1.9 | 23.0 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 505 compare with the other tracts in Wake County?
Among Wake County's tracts with a reliable estimate, Census Tract 505 ranks as shown below (1 = highest).
| Measure | In Wake County | In Raleigh |
|---|---|---|
| Population | 147th of 228 | 70th of 109 |
| Residents per square mile | 87th of 230 | 60th of 111 |
| Median household income | 83rd of 228 | 24th of 109 |
| Per capita income | 57th of 228 | 35th of 109 |
| Median home value | 70th of 226 | 31st of 108 |
| Median gross rent | 154th of 211 | 77th of 108 |
| Poverty rate | 28th of 102 | 26th of 58 |
| Bachelor's degree or higher | 26th of 228 | 11th of 109 |
| Median age | 150th of 228 | 58th of 109 |
| Owner-occupied share | 110th of 222 | 33rd of 104 |
The tracts next to it on Wake County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 535.25 | 80th | $123,125±$29,454 · within the margin of this tract |
| Tract 536.19 | 81st | $122,784±$30,624 · within the margin of this tract |
| Tract 540.16 | 82nd | $122,692±$21,807 · within the margin of this tract |
| Tract 505 | 83rd | $122,500±$40,839 |
| Tract 534.32 | 84th | $121,639±$10,055 · within the margin of this tract |
| Tract 536.14 | 85th | $121,591±$47,485 · within the margin of this tract |
| Tract 532.06 | 86th | $120,374±$30,669 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 505?
1 of the 18 figures for Census Tract 505 on this page carries a coefficient of variation over 40% and is marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections