ZIP 27205 - 860Z200US27205 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 27205, understanding the local demographics and housing landscape is essential. Located in North Carolina, this area offers a blend of suburban charm and economic potential. With a population of over 36,000 and a median household income of $63,577, ZIP 27205 presents a stable and diverse community. This article breaks down the latest 2023 data to provide actionable insights for homebuyers, real estate investors, small-business owners, and analysts.

Population & Households

ZIP 27205 is home to 36,212 residents, making it a moderately sized community with room for growth. These individuals are distributed across 14,428 households, reflecting a mix of family and individual living arrangements. With 15,487 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 27205 stands at $63,577, suggesting a solid economic base for many residents. This income level supports a housing market where the median home value is $191,900—a price point that may appeal to first-time buyers or those seeking affordable investment properties. For renters, the median rent is $789 per month, offering a cost-effective alternative to homeownership. These figures highlight a balanced market where both buying and renting are viable options depending on your financial goals.

Race & Ethnicity

The demographic makeup of ZIP 27205 reflects a predominantly white population at 76.74%, with significant representation from Hispanic residents at 14.57%. Black or African American individuals account for 4.87% of the population, while Asian residents make up 0.64%. This diversity can enrich community life and offers businesses a chance to cater to varied cultural needs and preferences. Understanding these demographics is key for tailoring services or marketing strategies in the area.

Key Facts

• Total population: 36,212 residents in ZIP 27205.
• Total households: 14,428, indicating a mix of family and solo living.
• Total housing units: 15,487, suggesting potential availability for new occupants.
• Median household income: $63,577, reflecting a stable economic environment.
• Median home value: $191,900, accessible for many prospective buyers.
• Median rent: $789, offering affordable rental options.
• Racial composition: 76.74% white, 14.57% Hispanic, 4.87% Black, 0.64% Asian.

What This Means for You

For homebuyers, ZIP 27205 offers a promising opportunity with median home values at $191,900, which is within reach for many budgets, especially given the median income of $63,577. The slight surplus of housing units (15,487 total versus 14,428 households) may give you negotiating power in a less competitive market.

For real estate investors and agents, the combination of affordable home prices and reasonable rental rates ($789 median rent) suggests potential for steady returns on rental properties or fix-and-flip projects. The population size and diversity also indicate a consistent demand for housing.

For small-business owners, the diverse demographic profile and solid income levels point to a customer base with varied needs and disposable income. Whether you’re opening a retail store, restaurant, or service-based business, tailoring your offerings to the cultural mix—especially the significant Hispanic community—could drive success.

For analysts, the data reveals a stable, growing community with economic indicators that support long-term investment. The balance of homeownership and rental costs, paired with demographic diversity, makes ZIP 27205 a noteworthy area for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 27205? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make informed decisions for buying, investing, or launching a business with confidence.