ZIP 27320 - 860Z200US27320 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27320, understanding the area’s demographic and housing landscape is essential. Located in North Carolina, this ZIP code encompasses a diverse community of over 38,000 residents. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, this snapshot offers a clear view of population trends, income levels, housing costs, and cultural composition based on the latest 2023 data. Let’s break down the numbers to help you make informed decisions about living or working in ZIP 27320.

Population & Households

ZIP 27320 is home to a population of 38,610 individuals, making it a moderately sized community with a mix of urban and suburban characteristics. These residents are distributed across 16,016 households, reflecting a variety of family structures and living arrangements. With 17,876 total housing units in the area, there’s a notable supply of homes, though not all are occupied. This balance of population and housing suggests a stable community with room for growth, appealing to those looking for a place to settle or invest.

Income & Housing Costs

The median household income in ZIP 27320 stands at $55,491, indicating a middle-income community where many residents have steady earning potential. For homebuyers and investors, the median house value of $170,700 offers an accessible entry point compared to pricier markets, making it an attractive option for first-time buyers or those seeking value-driven investments. Renters, on the other hand, face a median rent of $776 per month, which is relatively affordable for the region. These figures highlight ZIP 27320 as a cost-effective area for both owning and renting, balancing affordability with opportunity.

Race & Ethnicity

The cultural fabric of ZIP 27320 is predominantly White, with 63.96% of the population identifying as such. Black residents make up 22.59%, while Hispanic individuals account for 6.85% of the population. Asian residents represent a smaller share at 0.17%. This diversity shapes the community’s character, offering a blend of perspectives and experiences. For businesses and investors, this mix can translate into varied consumer needs and opportunities to cater to different cultural preferences in this North Carolina ZIP code.

Key Facts

• Total population: 38,610 residents, reflecting a sizable community.
• Total households: 16,016, indicating a range of family and individual living setups.
• Total housing units: 17,876, with some vacancy providing potential for growth.
• Median household income: $55,491, suggesting a stable middle-income area.
• Median house value: $170,700, an accessible price point for buyers and investors.
• Median rent: $776, offering affordability for renters in the area.
• Racial composition: 63.96% White, 22.59% Black, 6.85% Hispanic, 0.17% Asian.

What This Means for You

For homebuyers, ZIP 27320 presents an opportunity to purchase at a median value of $170,700, which is competitive for a community of this size. The affordability of homes and rents ($776 median) makes it a practical choice for families or individuals looking to establish roots without breaking the bank. Real estate investors and agents can capitalize on the housing unit surplus (17,876 units for 16,016 households), which hints at potential rental or flip opportunities in a growing market. Small-business owners will find a diverse customer base of 38,610 people, with a median income of $55,491 supporting moderate purchasing power—ideal for retail, services, or dining ventures tailored to varied cultural tastes. Analysts can use these metrics to benchmark ZIP 27320 against neighboring areas, identifying trends in affordability and demographic shifts. Across all groups, this ZIP code offers a balanced mix of opportunity and stability.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 27320? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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