ZIP 27295 - 860Z200US27295 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27295, located in North Carolina, this demographic and housing snapshot offers a clear picture of the area based on 2023 data. With a population of over 38,000 and a mix of housing options, 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 understand the community, economy, and housing landscape of 27295.

Population & Households

ZIP 27295 is home to 38,521 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 15,641 households, reflecting a blend of family units, singles, and retirees. With 16,775 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 buy or rent properties. This balance suggests a stable community with room for growth, ideal for those seeking a settled yet dynamic environment.

Income & Housing Costs

The median household income in ZIP 27295 stands at $65,446, positioning it as a middle-income area with reasonable earning potential for residents. This income level supports a comfortable lifestyle for many, while also attracting businesses that cater to a working-class and middle-class demographic. On the housing front, the median home value is $191,900, offering an accessible entry point for first-time buyers or investors seeking affordable properties with potential for appreciation. For renters, the median rent is $866 per month, which is relatively moderate and aligns with the area’s income levels, making it a viable option for those not ready to purchase.

Race & Ethnicity

The demographic makeup of ZIP 27295 is predominantly White, accounting for 82.36% of the population. Black residents make up 5.75%, while Asian individuals represent 2.59%. Additionally, 6.09% of the population identifies as Hispanic. This composition reflects a largely homogeneous community with pockets of diversity, which can influence cultural amenities, local businesses, and community events. For businesses and investors, understanding this mix is key to tailoring services or marketing strategies to the majority while also addressing the needs of smaller demographic groups.

Key Facts

• Total population: 38,521 residents in ZIP 27295 as of 2023.
• Total households: 15,641, indicating a strong base of local families and individuals.
• Total housing units: 16,775, with some vacancy suggesting availability for new occupants.
• Median household income: $65,446, reflecting a stable middle-income community.
• Median home value: $191,900, an attractive price point for buyers and investors.
• Median rent: $866, offering affordable rental options for residents.
• Racial composition: 82.36% White, 5.75% Black, 2.59% Asian, and 6.09% Hispanic.

What This Means for You

For homebuyers, ZIP 27295 offers a promising opportunity with median home values at $191,900, which is within reach for many middle-income earners. The slight surplus of housing units could mean less competition when searching for a property. Real estate investors and agents might find value in the area’s affordability and potential for growth, especially with a stable population base and moderate rental rates of $866, which can attract tenants. Small-business owners can benefit from a community with a solid median income of $65,446, ensuring residents have disposable income for local goods and services—consider targeting the majority demographic while exploring niche markets within the diverse segments. Analysts can use this data to assess market trends, housing demand, and economic stability in 27295, providing a foundation for deeper research or investment strategies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 27295? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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