Census tract · Wake County
Census Tract 540.04, Wake County, North Carolina
Census Tract 540.04, GEOID 37183054004, in Wake County, North Carolina, entirely within Raleigh. 5,425 residents in the ACS 2020-2024 5-year estimates (±926); the 2020 Census counted 5,286.
Residents, 2020-2024
5,425
±926 (90% margin)
2020 Census count: 5,286
Median household income
$81,797
±$11,874 (90% margin)
Wake County: $105,768
Median home value
$338,300
±$41,550 (90% margin)
Wake County: $461,300
Median gross rent
$1,497
±$170 (90% margin)
Wake County: $1,623
Where is Census Tract 540.04?
Census Tract 540.04 is one of 230 census tracts in Wake County, North Carolina. It covers 1.01 square miles of land, 5,249 residents per square mile in 2020. Its GEOID, 37183054004, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Raleigh | 100% |
4 census tracts border Census Tract 540.04: Tract 527.01 ($61,372), Tract 540.01 ($72,902), Tract 540.12 ($146,685) and Tract 540.18 ($56,321). 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 540.04?
The 2020-2024 American Community Survey puts Census Tract 540.04's population at 5,425 (±926) in 2,343 households; the 2020 Census counted 5,286 residents and 2,656 housing units.
| Measure | Tract 540.04 | Raleigh |
|---|---|---|
| Total population | 5,425 ±926 | 481,031 |
| Households | 2,343 ±327 | 203,443 |
| Average household size | 2.31 ±0.27 | 2.27 |
| Housing units | 2,807 ±288 | 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 540.04?
The median resident of Census Tract 540.04 is 35.3 years old; 25.2% are under 18 and 16.2% are 65 or older. The largest group is non-Hispanic white residents at 52.4%, then non-Hispanic Black residents at 27.7%. 10.5% of residents were born outside the United States.
| Measure | Tract 540.04 | Raleigh |
|---|---|---|
| Median age | 35.3 ±6.6 | 34.7 |
| Under 18 years | 25.2% ±6.3 pts | 19.8% |
| 65 years and over | 16.2% ±4.3 pts | 11.9% |
| Hispanic or Latino (any race) | 12.4% ±9.9 pts | 12.6% |
| White alone, not Hispanic | 52.4% ±9.0 pts | 51.1% |
| Black or African American alone, not Hispanic | 27.7% ±10.0 pts | 26.0% |
| Asian alone, not Hispanic | 1.4% ±1.5 pts | 5.2% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±0.8 pts | 0.2% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.8 pts | 0.0% |
| Two or more races, not Hispanic | 6.1% ±5.0 pts | 4.4% |
| Some other race alone, not Hispanic | 0.0% ±0.8 pts | 0.5% |
| Born outside the United States | 10.5% ±5.7 pts | 13.8% |
| Speak a language other than English at home (age 5+) | 19.6% ±7.9 pts | 18.9% |
| Civilian veterans (age 18+) | 5.2% ±2.7 pts | 4.7% |
| With a disability | 13.3% ±4.6 pts | 9.6% |
| No health insurance coverage | 3.9% ±2.7 pts | 9.3% |
| High school graduate or higher (age 25+) | 95.7% ±3.7 pts | 92.6% |
| Bachelor's degree or higher (age 25+) | 60.9% ±7.2 pts | 54.0% |
| Graduate or professional degree (age 25+) | 19.8% ±5.8 pts | 21.1% |
| Lived in the same house a year earlier | 81.4% ±9.5 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 540.04 earn?
Half of the 2,343 households in Census Tract 540.04 earn less than $81,797 a year (±$11,874), against $105,768 across Wake County: 170th highest of the county's 228 tracts with a reliable estimate. 16.8% of residents live below the poverty line.
| Measure | Tract 540.04 | Raleigh |
|---|---|---|
| Median household income | $81,797 ±$11,874 | $85,395 |
| Mean household income | $90,951 ±$11,202 | $122,525 |
| Per capita income | $40,523 ±$6,001 | $52,897 |
| People below the poverty line | 16.8% ±9.9 pts | 11.9% |
| Children under 18 below the poverty line | 32.3% ±26.7 pts | 16.0% |
| Households receiving SNAP | 10.9% ±6.9 pts | 8.4% |
| Households with a computer | 96.9% ±4.6 pts | 98.1% |
| Households with a broadband subscription | 88.8% ±6.8 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 540.04?
Owners occupy 60.0% of Census Tract 540.04's occupied homes and renters 40.0%. The median owner-occupied home is valued at $338,300 by its owner (±$41,550). The median renter pays $1,497 a month including utilities, and 51.6% of renters pay 35% or more of their income on rent.
| Measure | Tract 540.04 | Raleigh |
|---|---|---|
| Median home value (owner-occupied) | $338,300 ±$41,550 | $415,800 |
| Median gross rent | $1,497 ±$170 | $1,572 |
| Renters paying 35% or more of income on rent | 51.6% ±17.1 pts | 41.1% |
| Median monthly owner costs, with a mortgage | $1,836 ±$117 | $1,910 |
| Owner-occupied homes | 60.0% ±9.4 pts | 50.7% |
| Renter-occupied homes | 40.0% ±9.4 pts | 49.3% |
| Housing units | 2,807 ±288 | 224,853 |
| Single-family detached homes | 33.7% ±7.1 pts | 43.7% |
| Mobile homes | 0.0% ±1.5 pts | 1.3% |
| Built 2020 or later | 7.3% ±5.0 pts | 3.0% |
| Built 2010 to 2019 | 3.1% ±2.3 pts | 18.3% |
| Built 1939 or earlier | 0.5% ±0.8 pts | 2.5% |
| Households with no vehicle | 9.9% ±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 540.04 get to work?
63.7% of Census Tract 540.04's workers drive alone and 21.3% work from home. The average trip to work takes 24.7 minutes.
| Measure | Tract 540.04 | Raleigh |
|---|---|---|
| In the labor force (age 16+) | 65.6% ±7.3 pts | 70.9% |
| Unemployment rate | 2.5% ±2.2 pts | 4.4% |
| Drove alone to work | 63.7% ±8.4 pts | 62.3% |
| Carpooled | 10.9% ±8.9 pts | 6.7% |
| Public transportation | 1.6% ±2.5 pts | 1.4% |
| Walked | 0.5% ±1.1 pts | 1.6% |
| Worked from home | 21.3% ±5.7 pts | 25.8% |
| Mean travel time to work | 24.7 min ±3.0 | 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 540.04 compare with the other tracts in Wake County?
Among Wake County's tracts with a reliable estimate, Census Tract 540.04 ranks as shown below (1 = highest).
| Measure | In Wake County | In Raleigh |
|---|---|---|
| Population | 80th of 228 | 30th of 109 |
| Residents per square mile | 19th of 230 | 19th of 111 |
| Median household income | 170th of 228 | 67th of 109 |
| Per capita income | 181st of 228 | 79th of 109 |
| Median home value | 194th of 226 | 86th of 108 |
| Median gross rent | 145th of 211 | 69th of 108 |
| Poverty rate | 30th of 102 | 28th of 58 |
| Bachelor's degree or higher | 115th of 228 | 53rd of 109 |
| Median age | 157th of 228 | 59th of 109 |
| Owner-occupied share | 139th of 222 | 46th of 104 |
The tracts next to it on Wake County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 540.07 | 167th | $83,750±$17,452 · within the margin of this tract |
| Tract 541.16 | 168th | $82,344±$23,417 · within the margin of this tract |
| Tract 540.17 | 169th | $81,875±$24,875 · within the margin of this tract |
| Tract 540.04 | 170th | $81,797±$11,874 |
| Tract 540.23 | 171st | $81,191±$7,445 · within the margin of this tract |
| Tract 531.05 | 172nd | $80,395±$22,661 · within the margin of this tract |
| Tract 534.17 | 173rd | $79,115±$22,088 · 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 540.04?
2 of the 18 figures for Census Tract 540.04 on this page carry a coefficient of variation over 40% and are 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