ZIP 27713 - 860Z200US27713 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27713, located in Durham, North Carolina, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 27713’s profile is the first step to success.

Population & Households

ZIP 27713 is home to a substantial population of 58,409 residents, making it a vibrant and active community. This area supports 25,068 households, reflecting a mix of family units, singles, and professionals. With 26,266 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for opportunities. This balance suggests a community with room to grow while maintaining a stable residential base.

Income & Housing Costs

The median household income in ZIP 27713 stands at $96,900, pointing to a relatively affluent area with strong earning potential. This income level supports a comfortable lifestyle and indicates a market where residents have disposable income for local businesses. On the housing front, the median home value is $380,500, reflecting a competitive real estate market that could appeal to buyers seeking long-term value or investors eyeing appreciation. For renters, the median rent is $1,460 per month, which aligns with the area’s income levels and suggests a robust rental market for property owners.

Race & Ethnicity

ZIP 27713 boasts a diverse population, which enriches the community’s cultural fabric and offers unique opportunities for businesses and residents alike. The racial composition breaks down as follows: 42.02% White, 35.03% Black, 6.46% Asian, and 11.29% Hispanic. This diversity creates a dynamic environment where varied perspectives and needs shape the local economy, housing preferences, and community services. For businesses, this mix can translate into a broad customer base with distinct demands.

Key Facts

• Total population: 58,409 residents, indicating a sizable and active community.
• Total households: 25,068, reflecting a strong residential presence.
• Total housing units: 26,266, suggesting potential availability for new occupants.
• Median household income: $96,900, highlighting economic stability.
• Median home value: $380,500, pointing to a valuable real estate market.
• Median rent: $1,460, indicative of a healthy rental sector.
• Diverse demographics: 42.02% White, 35.03% Black, 6.46% Asian, 11.29% Hispanic.

What This Means for You

For homebuyers, ZIP 27713 offers a promising market with a median home value of $380,500, suggesting properties that hold value over time. The area’s median income of $96,900 also indicates neighbors with financial stability, often correlating with well-maintained communities. If you’re a real estate investor or agent, the slight surplus of housing units (26,266 vs. 25,068 households) could mean opportunities for rentals or flips, especially with a median rent of $1,460 attracting steady demand. Small-business owners will find a diverse customer base of 58,409 residents, with varied cultural backgrounds and solid purchasing power, ideal for tailored products or services. Lastly, analysts can use this data to track trends in Durham’s growth, housing dynamics, and economic health, providing a foundation for deeper market studies.

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