ZIP 27406 - 860Z200US27406 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 27406, located in the Greensboro area of North Carolina, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing, and diversity to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you're eyeing a family home, a rental property, or a commercial space, understanding ZIP 27406’s makeup is the first step to success.

Population & Households

ZIP 27406 is home to a substantial population of 63,661 residents as of 2023, making it a vibrant and active community. This area supports 25,974 households, reflecting a mix of family units, singles, and retirees. With 28,080 total housing units, there’s a noticeable spread of available properties, though not all are occupied. This balance of population density and housing stock suggests opportunities for both residential growth and community engagement, whether you're looking to settle down or establish a local presence.

Income & Housing Costs

The median household income in ZIP 27406 stands at $56,748, which provides a solid economic foundation for many residents. For homebuyers and investors, the median house value of $191,800 offers a relatively accessible entry point compared to higher-cost areas nearby. Renters, on the other hand, face a median rent of $1,103 per month, which aligns with the income levels and suggests a stable rental market. These figures indicate that ZIP 27406 could be a practical choice for those seeking affordability without sacrificing community amenities.

Race & Ethnicity

Diversity is a defining feature of ZIP 27406, with a racial and ethnic composition that reflects a rich cultural tapestry. The population breaks down as follows: 52.48% Black, 25.68% White, 13.3% Hispanic, and 2.12% Asian, with other groups making up the remainder. This mix fosters a dynamic community environment, offering unique perspectives and opportunities for cultural exchange. For businesses, this diversity can translate into a broad customer base, while families may appreciate the inclusive atmosphere when choosing a place to call home.

Key Facts

• Total population: 63,661 residents, indicating a sizable and active community.
• Total households: 25,974, supporting a range of family and individual living arrangements.
• Total housing units: 28,080, with some vacancy suggesting room for growth or investment.
• Median household income: $56,748, reflecting moderate economic stability.
• Median house value: $191,800, an accessible price point for many buyers.
• Median rent: $1,103, aligning with local income levels for renters.
• Diversity: Predominantly Black (52.48%), with significant White (25.68%) and Hispanic (13.3%) populations.

What This Means for You

For homebuyers, ZIP 27406 presents an affordable housing market with a median home value of $191,800, ideal for first-time buyers or those looking to downsize. The diverse community also means a welcoming environment for families of varied backgrounds. Real estate investors and agents will find potential in the housing unit surplus and reasonable rental rates of $1,103, which could support steady demand for rental properties. The area’s population size ensures a consistent pool of prospective tenants or buyers. Small-business owners can leverage the diverse demographic of 63,661 residents to tap into a wide customer base, while the median income of $56,748 suggests disposable income for local goods and services. Analysts can use these metrics to benchmark ZIP 27406 against neighboring areas, identifying trends in housing affordability and demographic shifts. No matter your goal, this data equips you to act with confidence.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 27406? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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