ZIP 27520 - 860Z200US27520 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27520, located in North Carolina, this demographic and housing snapshot offers a clear picture of the area in 2023. With a robust population, diverse community, and competitive housing market, this region presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing in this ZIP code.

Population & Households

ZIP 27520 is home to a substantial population of 48,662 residents as of 2023. This sizable community reflects a vibrant area with a strong local presence, ideal for businesses seeking a customer base or families looking for an active neighborhood. The area comprises 17,624 households, indicating a mix of family units, singles, and potentially multi-generational homes. With 18,540 total housing units, there’s a slight surplus of homes compared to households, which could suggest some availability for new residents or investors looking for rental properties.

Income & Housing Costs

The median household income in ZIP 27520 stands at $84,545, pointing to a relatively strong economic foundation for many residents. This income level suggests that the area supports a middle-to-upper-middle-class demographic, which can be attractive for businesses targeting discretionary spending or for homebuyers seeking a stable community. Housing costs align with this income profile, with a median house value of $282,200. This price point offers a balance between affordability and investment potential, especially for those entering the real estate market. For renters, the median rent is $1,430 per month, reflecting a competitive rental market that could appeal to investors seeking steady returns.

Race & Ethnicity

The demographic makeup of ZIP 27520 showcases a diverse community, which can enrich the cultural fabric and appeal to a wide range of residents and businesses. The racial composition includes 57.59% White, 21.91% Black, 0.78% Asian, and 16.72% Hispanic residents. This diversity suggests an inclusive environment, which could be a draw for families and entrepreneurs looking to connect with varied customer bases or build community ties. Understanding this mix can help tailor business offerings or community engagement strategies to resonate with local residents.

Key Facts

• Total population: 48,662 residents, indicating a sizable and active community.
• Total households: 17,624, reflecting a mix of family and individual living arrangements.
• Total housing units: 18,540, suggesting potential availability for new residents or rentals.
• Median household income: $84,545, supporting a stable economic base.
• Median house value: $282,200, offering a balanced entry point for buyers.
• Median rent: $1,430, indicating a competitive rental market for investors.
• Diverse population: 57.59% White, 21.91% Black, 0.78% Asian, 16.72% Hispanic.

What This Means for You

For homebuyers, ZIP 27520 offers a promising mix of affordability and community vibrancy. With a median house value of $282,200 and a strong median income, this area could be a smart choice for families or individuals seeking long-term value in a diverse neighborhood. Real estate investors and agents will find opportunity in the slight surplus of housing units (18,540 vs. 17,624 households), which may indicate room for rental properties or flips, especially with a median rent of $1,430 signaling demand. Small-business owners can leverage the sizable population of 48,662 and diverse demographic makeup to target a broad customer base, particularly with a median income that supports discretionary spending. Analysts can use these metrics to assess growth trends, housing demand, or economic stability in the region, grounding strategies in hard data.

Run This Study Yourself

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