ZIP 27606 - 860Z200US27606 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27606, located in the heart of Raleigh, North Carolina, this demographic and housing snapshot offers a clear picture of the area in 2023. With a robust population, diverse community, and strong economic indicators, this ZIP code 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 here.

Population & Households

ZIP 27606 is home to a sizable population of 45,728 residents as of 2023. This figure reflects a vibrant community with a mix of families, professionals, and students, given the area’s proximity to educational institutions and urban amenities. The total number of households stands at 19,416, indicating a strong residential base. With 22,199 total housing units, there’s a notable supply of homes, though occupancy and availability may vary based on market dynamics. This balance of population and housing suggests a stable yet growing area worth exploring for personal or professional purposes.

Income & Housing Costs

Economic indicators in ZIP 27606 point to a financially solid community. The median household income is $75,640, which reflects a comfortable earning capacity for many residents. This income level supports a housing market where the median house value is $423,900—a figure that positions the area as a competitive yet accessible option for buyers in the Raleigh metro region. For renters, the median rent is $1,369 per month, indicating a significant but manageable cost for those not ready to buy. These numbers suggest that ZIP 27606 offers a balanced cost of living relative to its economic opportunities, making it appealing for diverse audiences.

Race & Ethnicity

The demographic makeup of ZIP 27606 showcases a diverse community, which can be a draw for those seeking an inclusive environment. The racial composition includes 61.17% White, 15.58% Black, 10.27% Asian, and 8.46% Hispanic residents. This mix contributes to a culturally rich area, fostering a variety of perspectives, businesses, and community events. For small-business owners and investors, this diversity can translate into a broad customer base and opportunities to cater to varied needs and preferences.

Key Facts

• Total population: 45,728 residents, indicating a lively and active community.
• Total households: 19,416, reflecting a strong residential foundation.
• Total housing units: 22,199, offering a range of living options.
• Median household income: $75,640, suggesting solid economic stability.
• Median house value: $423,900, competitive for the Raleigh area.
• Median rent: $1,369, a reasonable cost for renters in this market.
• Racial diversity: 61.17% White, 15.58% Black, 10.27% Asian, 8.46% Hispanic, highlighting inclusivity.

What This Means for You

For homebuyers, ZIP 27606 offers a promising market with a median home value of $423,900, which aligns with a median household income of $75,640—suggesting affordability for many middle-income families or professionals. The diversity and population size also mean access to good schools, amenities, and community resources. Real estate investors and agents will find value in the area’s 22,199 housing units and steady rental demand, with median rents at $1,369 providing potential for consistent returns. Small-business owners can leverage the diverse demographic of 45,728 residents to target a wide customer base, especially in sectors like retail, dining, or services that cater to varied cultural tastes. Analysts can use these metrics as a baseline to track growth trends or compare with neighboring ZIP codes for deeper market insights. Whether you’re settling down, investing, or starting a venture, ZIP 27606 presents a balanced and opportunity-rich environment.

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