ZIP 27612 - 860Z200US27612 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27612, 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, strong income levels, and a competitive housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, working, or investing in 27612.

Population & Households

ZIP 27612 is home to 40,475 residents, making it a vibrant and sizable community within the Raleigh area. This population is spread across 19,523 households, reflecting a mix of family units, singles, and professionals drawn to the area’s amenities and accessibility. The total number of housing units stands at 21,582, indicating a slight surplus of available properties relative to occupied households. This could suggest opportunities for buyers or renters, though demand remains strong given the area’s appeal.

Income & Housing Costs

The median household income in ZIP 27612 is $95,565, a figure that positions this area as relatively affluent compared to national averages. This income level supports a housing market where the median home value reaches $481,500, reflecting a premium on property ownership in this desirable location. For renters, the median monthly rent is $1,544, which aligns with the area’s higher cost of living and suggests a competitive rental market. These figures highlight the financial commitment required to live in 27612, but also the potential for strong returns on real estate investments.

Race & Ethnicity

The demographic makeup of ZIP 27612 offers insight into the community’s diversity. The population is predominantly White at 70.94%, followed by Black residents at 13.08%, Hispanic or Latino individuals at 7.5%, and Asian residents at 4.61%. This composition reflects a primarily White community with notable representation from other racial and ethnic groups, contributing to a culturally varied environment. For businesses and investors, understanding this diversity can inform marketing strategies and community engagement efforts tailored to the area’s residents.

Key Facts

• Total population in ZIP 27612: 40,475 residents as of 2023.
• Total households: 19,523, indicating a mix of family and individual living arrangements.
• Total housing units: 21,582, with some availability for new occupants.
• Median household income: $95,565, suggesting a financially stable community.
• Median home value: $481,500, reflecting a high-demand real estate market.
• Median rent: $1,544 per month, indicative of a competitive rental landscape.
• Racial composition: 70.94% White, 13.08% Black, 7.5% Hispanic, 4.61% Asian.

What This Means for You

For homebuyers, ZIP 27612 offers a premium market with a median home value of $481,500, which may require careful budgeting or a strong financial position. However, the area’s high median income of $95,565 suggests a stable community with good earning potential, making it a worthwhile long-term investment. Real estate investors and agents will find opportunities in the slight surplus of housing units (21,582 total) compared to occupied households (19,523), potentially allowing for rental or flip properties, though high values and rents mean tenants or buyers will expect quality. Small-business owners can leverage the area’s diversity and income levels to target a range of customers, from affluent households to a culturally varied clientele, ensuring products or services resonate with local demographics. Analysts can use this data as a benchmark to track trends in Raleigh’s growth, housing demand, and economic health, especially in a ZIP code like 27612 that reflects broader regional dynamics.

Run This Study Yourself

• Want to dive deeper into ZIP 27612 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
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