ZIP 27527 - 860Z200US27527 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27527, located in the vibrant Clayton area of North Carolina, this demographic and housing snapshot offers a clear picture of the community as of 2023. With a population of over 35,000 and a strong median household income, this area presents unique opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts. Let’s break down the key metrics to help you understand what makes ZIP 27527 stand out.

Population & Households

ZIP 27527 is home to 35,968 residents, making it a sizable and growing community. These individuals are distributed across 12,620 households, reflecting a mix of family and individual living arrangements. With 13,179 total housing units in the area, there’s a modest buffer of available properties, which could indicate room for growth or investment. This balance of population and housing suggests a stable yet dynamic environment for those looking to settle or build roots in the region.

Income & Housing Costs

One of the standout features of ZIP 27527 is its robust median household income of $111,011, which signals a financially strong community. This income level supports a healthy local economy, making it attractive for businesses and investors alike. On the housing front, the median home value sits at $360,700, reflecting a competitive yet accessible market for buyers in the mid-to-upper price range. For renters, the median rent is $1,617 per month, which aligns with the area’s income levels and suggests a balanced rental market for those not ready to buy.

Race & Ethnicity

The demographic makeup of ZIP 27527 offers a glimpse into its cultural diversity. The population is predominantly White at 67.57%, followed by Black residents at 14.45%, and Hispanic or Latino individuals at 11.84%. Asian residents make up a smaller portion at 0.99%. This mix contributes to a varied community fabric, which can be a draw for those seeking a blend of perspectives and experiences in their neighborhood or customer base.

Key Facts

• Total population: 35,968 residents in ZIP 27527 as of 2023.
• Total households: 12,620, indicating a strong residential base.
• Total housing units: 13,179, with some availability for new occupants.
• Median household income: $111,011, showcasing economic strength.
• Median home value: $360,700, a solid investment range for buyers.
• Median rent: $1,617, reflecting a stable rental market.
• Racial composition: 67.57% White, 14.45% Black, 11.84% Hispanic, 0.99% Asian.

What This Means for You

For homebuyers, ZIP 27527 offers a promising market with median home values at $360,700, supported by a high median income of $111,011. This suggests you’re investing in a financially stable area with potential for long-term value growth. The slight surplus of housing units (13,179 total versus 12,620 households) may also give you some negotiating power.

For investors and agents, the numbers point to a healthy real estate market. The combination of strong incomes and reasonable home values indicates demand for both purchases and rentals, with median rents at $1,617 offering solid returns for landlords. The population size and diversity also suggest a broad client base to tap into.

For small-business owners, the high median income and sizable population of 35,968 create a fertile ground for customer acquisition. Whether you’re opening a retail store, service-based business, or restaurant, the economic stability and demographic variety in ZIP 27527 can support a range of business models.

For analysts, these metrics provide a foundation for deeper market studies. The income levels, housing costs, and racial composition offer valuable insights into consumer behavior, housing trends, and community needs in this North Carolina ZIP code.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 27527? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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• Use the insights to make informed decisions for buying, investing, or launching a business in any area of interest.