Wake County: Morrisville is 35% Asian Indian, and the community grew 44%

Wake County has about 57,700 residents of Asian Indian descent, up from about 40,000 in the 2015–2019 survey, growth of about 44% [1][2]. They are 4.9% of the county [1][3].

In Morrisville, about 10,900 residents, 35% of the town, are of Asian Indian descent [4]–[7]. That is the highest share of any place in this county's table (our ranking) [4].

• 57,693 residents of Asian Indian descent (alone or in combination) in Wake County, North Carolina, 2020–2024 average [1], or 4.9% of the population [3].
• +44.3% versus the 2015–2019 estimate of 39,988 [1][2] (our calculation).
• 1,156 people in the HeyAlbert database placed in Wake County, North Carolina at an estimated $1M+, of whom 72 are in our $5M+ bands [8].

Where Wake County, North Carolina's Indian-American residents live, by place

The Census Bureau's American Community Survey counts 57,693 people who report Asian Indian ancestry, alone or with another group, in Wake County, North Carolina [1]. Cary is the largest community, with 38% of the county total [4]–[7] (our calculation).

Place	Asian Indian residents	Share of place
Cary	22,076	12.3%
Morrisville	10,861	34.6%
Apex	9,972	14.1%
Raleigh	8,258	1.7%
Durham	5,063	1.7%
Holly Springs	2,705	6.0%

Asian Indian alone or in any combination. Sources: ACS 5-year estimates [4]–[7]; totals from Table B01003. Change and share are our calculations. Estimates carry margins of error.

Cary has the largest community, about 22,100 people, 12% of the town [4]–[7]. Apex has about 10,000 (14%) [4]–[7]. Raleigh has about 8,300, under 2% of the city [4]–[7]. Durham appears with about 5,100 because the city is counted whole [4]–[7].

What the HeyAlbert database shows in Wake County, North Carolina

HeyAlbert builds profiles of Indian-American individuals with an estimated net worth of $1M or more from public records, and every estimate is tied to a cited source. Our database currently places 1,156 such people in Wake County, North Carolina [8]. That is a count of people we have found and estimated, not a census of wealthy households: our coverage is partial and uneven.

Estimated net-worth band	People in our database
$1M–5M	1,084
$5M–15M	56
$25M+ (probable)	<25
$25M+ (likely)	<25
Total, $1M+	1,156

Source: HeyAlbert database [8]. Bands are estimates from public evidence; “likely” and “probable” describe our confidence in the $25M+ tier. Cells under 25 are suppressed.

City	$1M+	of which $5M+	of which $25M+
Cary	616	<25	<25
Apex	266	<25	<25
Raleigh	139	31	<25
Durham	70	<25	<25
Morrisville	44	<25	<25

Source: HeyAlbert database [8]. Cities with 25+ people at $1M+; cells under 25 shown as <25. The city is where our sources place the person; for some records it is a workplace rather than a home. Cities in our database are matched by name to the Census places and townships in the county; a few that straddle a county line are counted whole, and large cities that extend well beyond the county are left out.

Our database places 1,156 people in Wake County at $1M+; 1,084 of them, about 94%, are in the $1M–5M band (our calculation) [8]. 72 are at $5M+ and fewer than 25 are in our $25M+ bands [8]. Cary has 616 people in our set and Apex 266, each with fewer than 25 at $5M+ [8]. Raleigh has 139, including 31 at $5M+ [8].

Why our Wake County, North Carolina count looks the way it does

Each estimate in our database rests on a primary piece of public evidence. The mix differs from place to place, depending on which records we have been able to process, and it shapes the counts above more than any real difference in wealth does [8].

Primary evidence for the estimate	People	Share
Home value (public assessor or listing records)	1,074	93%
Other public signals (executive roles, company filings, gifts, pay)	82	7%

Source: HeyAlbert database [8], people at $1M+. Categories under 25 not shown.

Home values support 1,074 of our estimates, about 93% (our calculation) [8]. This is a homeowner market: houses in fast-growing towns that have crossed our $1M threshold.

What it means if you work with these families

Wake County is growing fast, and its wealth is broad rather than deep. For advisors, Cary, Apex and Morrisville offer a large group of families early in wealth-building, with home equity, retirement savings and college funding as the first conversations.

Methodology

Census figures are American Community Survey 5-year estimates for 2020–2024 and 2015–2019, Table B02018, using “Asian Indian, alone or in any combination” [1][2]. Total population comes from Table B01003 [3]. The Census Bureau changed how it codes detailed race responses in 2020, so part of the change between the two periods may reflect coding rather than migration. All estimates carry margins of error. Shares and growth rates are our calculations.

HeyAlbert counts are aggregates from our database as of October 2026 [8]. They include people we identified as likely of Indian origin with an estimated net worth of $1M or more, based on public records such as property assessments, professional licenses, patents, SEC filings and donor rolls. Coverage is partial and depends on which public records exist and which we have processed. These counts are not population totals. Any cell under 25 is suppressed, and we publish aggregates only, never individual records.

Related

• Indian-American wealth in North Carolina
• The fastest-growing Indian-American counties
• What is the average net worth of an Indian American household?
• How do Indian Americans save and invest?

HeyAlbert finds Indian-American families worth $1M+ and tells you who to call, with every fact cited. See who is in Wake County, North Carolina at heyalbert.site.

Sources

1. ACS 2020–2024 5-year estimates, Table B02018, all counties. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B02018?g=010XX00US$0500000 (data: machine-readable)
2. ACS 2015–2019 5-year estimates, Table B02018, all counties. US Census Bureau. https://data.census.gov/table/ACSDT5Y2019.B02018?g=010XX00US$0500000 (data: machine-readable)
3. ACS 2020–2024 5-year estimates, Table B01003, all counties. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B01003?g=010XX00US$0500000 (data: machine-readable)
4. ACS 2020–2024 5-year estimates, Table B02018, places in Wake County, North Carolina. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B02018?g=050XX00US37183$1600000 (data: machine-readable)
5. ACS 2020–2024 5-year estimates, Table B01003, places in Wake County, North Carolina. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B01003?g=050XX00US37183$1600000 (data: machine-readable)
6. ACS 2020–2024 5-year estimates, Table B02018, county subdivisions in Wake County, North Carolina. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B02018?g=050XX00US37183$0600000 (data: machine-readable)
7. ACS 2020–2024 5-year estimates, Table B01003, county subdivisions in Wake County, North Carolina. US Census Bureau. https://data.census.gov/table/ACSDT5Y2024.B01003?g=050XX00US37183$0600000 (data: machine-readable)
8. HeyAlbert database, aggregate counts (October 2026 snapshot); how we build it is described on our methodology page. HeyAlbert. https://heyalbert.site/research/methodology/