ZIP 27405 - 860Z200US27405 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 27405 in Greensboro, North Carolina, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 27405.

Population & Households

ZIP code 27405 is home to a substantial population of 52,525 residents. This sizable community is spread across 19,938 households, indicating a mix of family and individual living arrangements. With 21,762 total housing units in the area, there’s a modest vacancy rate, suggesting a relatively tight housing market. For those looking to settle or invest here, this population density points to a vibrant, active community with potential demand for housing and local services.

Income & Housing Costs

The median household income in ZIP 27405 stands at $46,498, reflecting a moderate earning level that may appeal to budget-conscious homebuyers or businesses targeting middle-income consumers. On the housing front, the median home value is $150,600, which positions 27405 as an affordable entry point for first-time buyers or investors seeking lower-cost properties with potential for appreciation. For renters, the median rent is $1,002 per month, offering a reasonable cost compared to many urban markets. These figures suggest that 27405 could be a practical choice for those balancing affordability with access to a larger metro area like Greensboro.

Race & Ethnicity

ZIP 27405 boasts a diverse population, which adds to its cultural richness and appeal for a wide range of residents and businesses. The racial composition breaks down as follows: 56.55% Black, 20.32% White, 13.88% Hispanic, and 3.87% Asian, with the remainder comprising other or mixed-race individuals. This diversity can be a significant draw for small-business owners looking to serve varied customer bases or for families seeking an inclusive community environment. It also signals potential for culturally tailored services or products in the area.

Key Facts

• Total population: 52,525 residents, indicating a robust community size.
• Total households: 19,938, reflecting a mix of family and solo living.
• Total housing units: 21,762, with limited vacancies suggesting steady demand.
• Median household income: $46,498, aligning with middle-income affordability.
• Median home value: $150,600, an accessible price point for buyers and investors.
• Median rent: $1,002, offering a competitive rental market.
• Diversity: Predominantly Black (56.55%), with significant Hispanic (13.88%) and White (20.32%) populations.

What This Means for You

For homebuyers, ZIP 27405 offers an affordable path to homeownership with a median home value of $150,600, well below many national averages. The diverse community and moderate income levels suggest a welcoming, grounded neighborhood for families or individuals. Real estate investors and agents might see opportunity in the tight housing market and reasonable property values, ideal for rental investments or fixer-uppers, especially given the steady rental demand at a median of $1,002. Small-business owners can leverage the area’s diversity and population size to target niche markets or offer inclusive services, while the middle-income demographic supports businesses focused on value and accessibility. Analysts can use these metrics to benchmark 27405 against other ZIP codes for growth potential or socioeconomic trends. Across all groups, the data points to a balanced, opportunity-rich area for those willing to engage with its unique community dynamics.

Run This Study Yourself

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