ZIP 27608 - 860Z200US27608 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27608, located in the heart of Raleigh, North Carolina, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 12,000 and a median household income well above the national average, this ZIP code stands out as an affluent and stable community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the population dynamics, income levels, and housing market here can guide your next steps. Let’s break down the key metrics to help you make informed decisions.

Population & Households

ZIP 27608 is home to 12,522 residents, making it a moderately sized community within the Raleigh area. These individuals are distributed across 5,262 households, indicating an average household size of roughly 2.4 people. This suggests a mix of families, couples, and potentially solo dwellers, which could influence housing demand and local business needs. The total number of housing units in the area stands at 5,589, showing a slight surplus over occupied households. This gap may point to opportunities for buyers or investors looking at vacant properties or rental potential.

Income & Housing Costs

One of the standout features of ZIP 27608 is its economic strength, reflected in a median household income of $155,433. This figure positions the area as a high-income community, likely attracting professionals and families with significant purchasing power. On the housing front, the median home value is an impressive $911,000, signaling a premium real estate market. For renters, the median monthly rent is $1,487, which, while substantial, remains more accessible than owning in this price bracket. These numbers highlight ZIP 27608 as a desirable yet costly area to live, with implications for affordability and investment returns.

Race & Ethnicity

The demographic composition of ZIP 27608 offers insight into the community’s cultural makeup. The population is predominantly White, accounting for 88.16% of residents. Hispanic or Latino individuals make up 5.51%, while Black or African American residents represent 2.22%. Asian residents comprise a smaller share at 0.2%. This relatively homogenous profile may shape the social fabric, local businesses, and community services in the area. For businesses or investors, understanding this breakdown can help tailor offerings or marketing strategies to the dominant demographic while considering opportunities to serve smaller but present groups.

Key Facts

• Total population: 12,522 residents in ZIP 27608 as of 2023.
• Total households: 5,262, with an average size of about 2.4 people.
• Total housing units: 5,589, indicating some vacancy or availability.
• Median household income: $155,433, reflecting a high-earning community.
• Median home value: $911,000, positioning this as a premium market.
• Median rent: $1,487 per month, notable but more affordable than buying.
• Racial composition: 88.16% White, 5.51% Hispanic, 2.22% Black, 0.2% Asian.

What This Means for You

For homebuyers, ZIP 27608 offers a prestigious address with high home values averaging $911,000, ideal if you’re seeking a long-term investment in a stable, affluent area. However, the price point may require careful financial planning. Real estate investors and agents can capitalize on the slight surplus of housing units (5,589 total vs. 5,262 occupied), potentially targeting rentals or flips in a market with strong demand and high returns. The median rent of $1,487 also suggests a viable rental market for landlords. Small-business owners should note the high median income of $155,433, which indicates a customer base with disposable income, particularly for premium goods or services. Finally, analysts can use this data to benchmark ZIP 27608 against other Raleigh-area ZIP codes, focusing on income and housing trends to predict future growth or shifts in demand.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 27608? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the detailed breakdowns to inform your homebuying, investing, or business decisions with confidence.