ZIP 27587 - 860Z200US27587 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 27587, located in the vibrant Wake County area of North Carolina, this demographic and housing snapshot offers a clear picture of the community in 2023. With a substantial population, strong income levels, and a diverse housing market, this area 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 or working in 27587.

Population & Households

ZIP code 27587 is home to a robust population of 81,902 residents as of 2023, making it a sizable and dynamic community. This population is distributed across 29,199 households, reflecting a strong residential base. Whether you're a homebuyer looking for a family-friendly area or a business owner seeking a customer-rich environment, the scale of this community suggests ample opportunities for connection and growth.

Income & Housing Costs

One of the standout features of ZIP 27587 is its economic strength, with a median household income of $125,607. This figure indicates a relatively affluent community, which can translate to higher purchasing power for local businesses and a stable environment for real estate investments. Housing costs align with this prosperity: the median home value stands at $452,400, suggesting a competitive yet potentially rewarding market for buyers and investors. For renters, the median rent is $1,415 per month, reflecting a significant but manageable cost for those not ready to buy. These metrics position 27587 as an area with strong financial foundations, appealing to those seeking long-term value.

Race & Ethnicity

The demographic makeup of ZIP 27587 offers a glimpse into its cultural diversity. The population is predominantly White at 69.44%, followed by Black residents at 16.02%, Hispanic or Latino individuals at 7.59%, and Asian residents at 2.44%. This mix creates a varied community fabric, which can be a draw for businesses aiming to serve a broad customer base or families seeking an inclusive environment. Understanding this composition helps stakeholders anticipate community needs and tailor their strategies accordingly.

Key Facts

• Total population: 81,902 residents, indicating a large and active community in ZIP 27587.
• Total households: 29,199, showcasing a strong residential presence.
• Total housing units: 30,571, suggesting availability for growth or investment.
• Median household income: $125,607, reflecting economic stability and purchasing power.
• Median home value: $452,400, pointing to a valuable real estate market.
• Median rent: $1,415, offering insight into rental affordability.
• Racial diversity: 69.44% White, 16.02% Black, 7.59% Hispanic, 2.44% Asian, highlighting a mixed community.

What This Means for You

For homebuyers, ZIP 27587 offers a prosperous community with a median home value of $452,400, which could signify a solid long-term investment despite the higher entry cost. The strong median income of $125,607 suggests neighbors with financial stability, often correlating with well-maintained properties and good schools. For investors and real estate agents, the combination of 30,571 housing units and a growing population of over 81,000 points to potential demand for both sales and rentals—especially with a median rent of $1,415 that could attract steady tenants. Small-business owners can leverage the area’s diversity and high income levels to target a wide range of customers with disposable income, ideal for retail, services, or dining ventures. Lastly, analysts can use these metrics to benchmark 27587 against nearby ZIP codes, identifying trends in housing or demographic shifts for deeper market studies.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 27587? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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