ZIP 27603 - 860Z200US27603 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27603, located in the Raleigh, North Carolina area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a diverse population, robust household income, and a dynamic 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 understand what makes this ZIP code stand out and how it might align with your goals.

Population & Households

ZIP 27603 is home to a population of 53,835 residents as of 2023, making it a sizable and vibrant community. This population is spread across 21,659 households, reflecting a mix of family units, singles, and professionals. The total number of housing units in the area stands at 24,030, indicating a healthy supply of homes, though not all are occupied. This balance between population and housing suggests a community with room for growth, which could be appealing if you’re looking to settle or invest in an area with potential for future development.

Income & Housing Costs

Financially, ZIP 27603 shows strength with a median household income of $87,939, which is above the national average and signals a relatively affluent community. This income level supports a housing market where the median house value is $347,000, offering a range of options for buyers at various price points. For renters, the median rent is $1,496 per month, reflecting a competitive rental market that could be attractive for investors seeking steady returns. These figures suggest that whether you’re buying a home or considering rental properties, this area offers financial stability and value.

Race & Ethnicity

The demographic makeup of ZIP 27603 is diverse, providing a multicultural environment that can enrich community life and business opportunities. The racial composition includes 62.01% White, 16.57% Black, 2.13% Asian, and 14.47% Hispanic residents. This diversity can be a draw for families seeking inclusive neighborhoods, businesses targeting varied customer bases, or investors looking for culturally vibrant areas. Understanding this mix helps paint a picture of the social fabric you’ll be joining or serving in this ZIP code.

Key Facts

• Total population in ZIP 27603: 53,835 residents in 2023.
• Total households: 21,659, supporting a mix of family and individual living arrangements.
• Total housing units: 24,030, with some vacancy offering potential for growth.
• Median household income: $87,939, indicating strong earning power.
• Median house value: $347,000, reflecting a solid real estate market.
• Median rent: $1,496, competitive for the region and attractive for investors.
• Diverse population: 62.01% White, 16.57% Black, 2.13% Asian, 14.47% Hispanic.

What This Means for You

For homebuyers, ZIP 27603 offers a promising mix of affordability and value with a median home price of $347,000 and a strong median income to support mortgage payments. The diversity and population size suggest a welcoming, active community ideal for families or individuals seeking connection. Investors and real estate agents will find opportunity in the rental market, where a median rent of $1,496 indicates demand, and the presence of vacant housing units hints at potential for flipping or development. Small-business owners can leverage the area’s diversity and income levels to target a broad customer base, especially in sectors like retail, dining, or services that cater to varied cultural needs. Analysts can use these metrics to benchmark growth trends or assess market saturation in this part of Raleigh. Whatever your role, these insights provide a foundation for informed decision-making.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 27603? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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• Use the insights to guide your homebuying, investment, or business strategy with confidence.