ZIP 27107 - 860Z200US27107 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27107, located in North Carolina, this demographic and housing snapshot offers a clear picture of the area in 2023. With a diverse population, affordable housing options, and a range of income levels, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing in 27107.

Population & Households

ZIP 27107 is home to a substantial population of 51,305 residents as of 2023. This sizable community is spread across 18,990 households, indicating a mix of family and individual living arrangements. The total number of housing units stands at 20,767, suggesting some vacancy or availability for new residents or investors looking to enter the market. This balance of population and housing stock makes 27107 a dynamic area with room for growth and opportunity.

Income & Housing Costs

The median household income in ZIP 27107 is $59,897, reflecting a moderate earning level that supports a range of lifestyles. For those eyeing homeownership, the median house value is $201,700, which positions this area as relatively affordable compared to many urban markets. Renters, on the other hand, face a median rent of $889 per month, offering a cost-effective alternative for those not ready to buy. These figures highlight 27107 as a practical choice for families and individuals seeking value in housing without sacrificing access to a vibrant community.

Race & Ethnicity

The demographic makeup of ZIP 27107 is notably diverse, fostering a multicultural environment. The racial composition includes 43.65% White, 28.11% Black, 0.98% Asian, and 22.98% Hispanic residents. This diversity can be a significant draw for businesses aiming to serve varied customer bases or for families seeking an inclusive community. Understanding this mix is crucial for investors and entrepreneurs who want to align their strategies with the cultural fabric of the area.

Key Facts

• Total population: 51,305 residents, indicating a robust community size.
• Total households: 18,990, reflecting a mix of family and solo living.
• Total housing units: 20,767, with potential availability for new occupants.
• Median household income: $59,897, supporting moderate earning capacity.
• Median house value: $201,700, offering affordability for buyers.
• Median rent: $889, a reasonable option for renters.
• Racial diversity: White (43.65%), Black (28.11%), Hispanic (22.98%), Asian (0.98%).

What This Means for You

For homebuyers, ZIP 27107 offers a compelling mix of affordability and community size. With a median home value of $201,700, you can find properties that fit a range of budgets, while the diverse population ensures a welcoming environment for families and individuals alike. The availability of housing units (20,767 total) suggests you’ll have options to explore.

For investors and real estate agents, the data points to potential in both rental and purchase markets. A median rent of $889 indicates a steady demand for affordable leasing options, while the gap between total housing units and households hints at opportunities for flipping or long-term rental investments in 27107.

For small-business owners, the diverse demographic profile and population of over 51,000 provide a broad customer base. Whether you’re opening a retail store, restaurant, or service-based business, the cultural variety and moderate income levels suggest a market ready for tailored offerings that meet local needs.

For analysts, these metrics offer a foundation for deeper research into housing trends, economic stability, and community growth in ZIP 27107. The balance of income, housing costs, and diversity can inform broader studies on regional development.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 27107? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income insights tailored to your needs.
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