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Pirates Cove (Tract 053506)

Wake, North Carolina

FIPS 37183053506

Juniper

Pirates Cove (Tract 053506) is in the highest 38% nationally for FEMA risk score. It also sits in the highest 14% nationally for home price growth over five years. And it sits in the highest 20% nationally for median income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$560,016

Higher than 75% of U.S. tracts
Home Price Growth, Past Five Years

69%

Higher than 86% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

62.1

Higher than 62% of U.S. tracts

The basics

Total Population

6,048

Median Age

53.3

Population Density

2,642.62

Home values & property tax

Median Property Tax

$3,415

Property Tax Rateyearly tax as a share of home value

0.69%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

4.31×

Higher than 62% of U.S. tracts
Median Income

$114,089

Higher than 80% of U.S. tracts
Median Rent

$1,826

Higher than 75% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

-1.8%

Lower than 78% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

69%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

6.6%

Climate & weather

Summer Avg High (°F)

86.4

Winter Avg Low (°F)

32.6

Avg Temperature (°F)

59.7

Hot Days/yr (>90°F)

32.9

Freezing Days/yr (<32°F)

70.5

Annual Precipitation (in)

50.3

Annual Snowfall (in)

4.8

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

62.1

Higher than 62% of U.S. tracts

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Pirates Cove (Tract 053506): frequently asked questions

What is the typical home value in Pirates Cove (Tract 053506)?
The estimated median home value in Pirates Cove (Tract 053506) today is $560,016, higher than 75% of U.S. tracts.
How much is property tax in Pirates Cove (Tract 053506)?
The median annual property tax in Pirates Cove (Tract 053506) is $3,415, an effective rate of 0.69% of home value.
Is Pirates Cove (Tract 053506) expensive to live in?
Homes in Pirates Cove (Tract 053506) cost about 4.31× the median household income, higher than 62% of U.S. tracts.
What is the average rent in Pirates Cove (Tract 053506)?
The median gross rent in Pirates Cove (Tract 053506) is $1,826 a month, higher than 75% of U.S. tracts.
How much have home prices grown in Pirates Cove (Tract 053506)?
Home prices in Pirates Cove (Tract 053506) have moved 69% over the past five years (-1.8% in the past year), per the FHFA House Price Index.
How many people live in Pirates Cove (Tract 053506)?
Pirates Cove (Tract 053506) has a population of 6,048, about 2,642.62 people per square mile, per the U.S. Census American Community Survey. The median age is 53.3.
What is the weather like in Pirates Cove (Tract 053506)?
Pirates Cove (Tract 053506) averages 59.7°F year-round, summer highs near 86.4°F, winter lows around 32.6°F (NOAA 1991–2020 normals). It sees about 4.8 inches of snow a year.
Is Pirates Cove (Tract 053506) at risk of flooding or natural disasters?
Pirates Cove (Tract 053506)'s FEMA National Risk Index score is 62.1 (higher than 62% of U.S. tracts). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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