Census tract · Wake County
Census Tract 542.23, Wake County, North Carolina
Census Tract 542.23, GEOID 37183054223, in Wake County, North Carolina, mostly within Wake Forest (74% of its census blocks). 3,968 residents in the ACS 2020-2024 5-year estimates (±789); the 2020 Census counted 2,723.
Residents, 2020-2024
3,968
±789 (90% margin)
2020 Census count: 2,723
Median household income
$92,813
±$49,903 (90% margin)
Wake County: $105,768
Median home value
$472,400
±$93,962 (90% margin)
Wake County: $461,300
Median gross rent
$1,117
±$36 (90% margin)
Wake County: $1,623
Where is Census Tract 542.23?
Census Tract 542.23 is one of 230 census tracts in Wake County, North Carolina. It covers 1.45 square miles of land, 1,874 residents per square mile in 2020. Its GEOID, 37183054223, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Wake Forest | 74% |
4 census tracts border Census Tract 542.23: Tract 605.02 in Franklin County ($95,612), Tract 542.04 ($88,269), Tract 542.21 ($158,722) and Tract 542.24 ($68,986). 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 542.23?
The 2020-2024 American Community Survey puts Census Tract 542.23's population at 3,968 (±789) in 1,475 households; the 2020 Census counted 2,723 residents and 1,195 housing units.
| Measure | Tract 542.23 | Wake Forest |
|---|---|---|
| Total population | 3,968±789 | 52,844 |
| Households | 1,475±408 | 18,403 |
| Average household size | 2.23±0.27 | 2.81 |
| Housing units | 1,658±415 | 19,428 |
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 542.23?
The median resident of Census Tract 542.23 is 35.5 years old; 11.2% are under 18 and 22.6% are 65 or older. The largest group is non-Hispanic white residents at 75.1%, then non-Hispanic Black residents at 11.6%. 7.1% of residents were born outside the United States.
| Measure | Tract 542.23 | Wake Forest |
|---|---|---|
| Median age | 35.5±11.2 | 38.6 |
| Under 18 years | 11.2%±4.1 pts | 26.5% |
| 65 years and over | 22.6%±6.6 pts | 12.8% |
| Hispanic or Latino (any race) | 8.7%±4.9 pts | 9.0% |
| White alone, not Hispanic | 75.1%±8.8 pts | 64.6% |
| Black or African American alone, not Hispanic | 11.6%±6.3 pts | 19.5% |
| Asian alone, not Hispanic | 2.1%±2.5 pts | 2.9% |
| American Indian and Alaska Native alone, not Hispanic | 0.0%±1.1 pts | 0.0% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0%±1.1 pts | 0.0% |
| Two or more races, not Hispanic | 2.1%±1.5 pts | 3.6% |
| Some other race alone, not Hispanic | 0.4%±0.8 pts | 0.3% |
| Born outside the United States | 7.1%±4.3 pts | 9.5% |
| Speak a language other than English at home (age 5+) | 10.0%±4.9 pts | 10.5% |
| Civilian veterans (age 18+) | 6.7%±2.7 pts | 7.7% |
| With a disability | 6.0%±2.3 pts | 10.0% |
| No health insurance coverage | 4.0%±2.8 pts | 4.7% |
| High school graduate or higher (age 25+) | 96.9%±2.6 pts | 96.4% |
| Bachelor's degree or higher (age 25+) | 69.6%±7.1 pts | 59.5% |
| Graduate or professional degree (age 25+) | 20.5%±8.1 pts | 23.7% |
| Lived in the same house a year earlier | 65.9%±12.3 pts | 84.0% |
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 542.23 earn?
Half of the 1,475 households in Census Tract 542.23 earn less than $92,813 a year (±$49,903), against $105,768 across Wake County: 141st highest of the county's 228 tracts with a reliable estimate.
| Measure | Tract 542.23 | Wake Forest |
|---|---|---|
| Median household income | $92,813±$49,903 | $123,802 |
| Mean household income | $121,205±$23,423 | $146,479 |
| Per capita income | $47,363±$6,793 | $51,709 |
| People below the poverty line | 1.6%±1.4 pts | 4.5% |
| Children under 18 below the poverty line | 0.0%±9.1 pts | 4.0% |
| Households receiving SNAP | 1.5%±1.6 pts | 7.3% |
| Households with a computer | 99.5%±0.8 pts | 98.3% |
| Households with a broadband subscription | 98.6%±1.7 pts | 97.8% |
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 542.23?
Owners occupy 75.9% of Census Tract 542.23's occupied homes and renters 24.1%. The median owner-occupied home is valued at $472,400 by its owner (±$93,962). The median renter pays $1,117 a month including utilities.
| Measure | Tract 542.23 | Wake Forest |
|---|---|---|
| Median home value (owner-occupied) | $472,400±$93,962 | $474,500 |
| Median gross rent | $1,117±$36 | $1,596 |
| Renters paying 35% or more of income on rent | 16.9%±23.2 pts | 37.8% |
| Median monthly owner costs, with a mortgage | $1,861±$193 | $2,272 |
| Owner-occupied homes | 75.9%±16.5 pts | 74.0% |
| Renter-occupied homes | 24.1%±16.5 pts | 26.0% |
| Housing units | 1,658±415 | 19,428 |
| Single-family detached homes | 73.7%±14.6 pts | 69.3% |
| Mobile homes | 0.1%±0.5 pts | 1.1% |
| Built 2020 or later | 8.4%±4.3 pts | 7.0% |
| Built 2010 to 2019 | 27.3%±8.6 pts | 39.0% |
| Built 1939 or earlier | 0.7%±1.2 pts | 1.5% |
| Households with no vehicle | 0.5%±0.8 pts | 3.2% |
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 542.23 get to work?
65.3% of Census Tract 542.23's workers drive alone and 16.8% work from home. The average trip to work takes 25.6 minutes.
| Measure | Tract 542.23 | Wake Forest |
|---|---|---|
| In the labor force (age 16+) | 68.2%±8.3 pts | 70.0% |
| Unemployment rate | 2.1%±1.9 pts | 4.0% |
| Drove alone to work | 65.3%±9.3 pts | 64.5% |
| Carpooled | 12.5%±11.0 pts | 5.1% |
| Public transportation | 0.3%±0.7 pts | 0.0% |
| Walked | 5.1%±6.7 pts | 1.1% |
| Worked from home | 16.8%±8.7 pts | 28.7% |
| Mean travel time to work | 25.6 min±5.4 | 30.9 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 542.23 compare with the other tracts in Wake County?
Among Wake County's tracts with a reliable estimate, Census Tract 542.23 ranks as shown below (1 = highest).
| Measure | In Wake County | In Wake Forest |
|---|---|---|
| Population | 154th of 228 | 10th of 10 |
| Residents per square mile | 149th of 230 | 6th of 10 |
| Median household income | 141st of 228 | 7th of 10 |
| Per capita income | 144th of 228 | 7th of 10 |
| Median home value | 106th of 226 | 6th of 10 |
| Median gross rent | 200th of 211 | 8th of 8 |
| Bachelor's degree or higher | 71st of 228 | 1st of 10 |
| Median age | 154th of 228 | 9th of 10 |
| Owner-occupied share | 87th of 222 | 5th of 10 |
The tracts next to it on Wake County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 529.05 | 138th | $94,051±$16,326 · within the margin of this tract |
| Tract 530.03 | 139th | $94,004±$24,147 · within the margin of this tract |
| Tract 541.17 | 140th | $93,170±$11,884 · within the margin of this tract |
| Tract 542.23 | 141st | $92,813±$49,903 |
| Tract 531.06 | 142nd | $92,432±$13,957 · within the margin of this tract |
| Tract 535.24 | 143rd | $92,292±$17,556 · within the margin of this tract |
| Tract 537.17 | 144th | $91,957±$16,863 · 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 542.23?
2 of the 18 figures for Census Tract 542.23 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