ZIP 27834 - 860Z200US27834 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 27834, located in eastern North Carolina, this demographic and housing snapshot offers a clear picture of the area in 2023. Covering a diverse community with a significant population base, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Using the latest data, we’ll break down key metrics like population, income, housing costs, and racial composition to help you make informed decisions.

Population & Households

ZIP 27834 is home to a substantial population of 55,073 residents as of 2023. This sizable community is spread across 24,419 households, indicating a mix of family and individual living arrangements. With 27,368 total housing units in the area, there’s a notable inventory of homes, though not all are occupied. This balance between population and housing suggests a dynamic area with potential for growth or stabilization, depending on market trends. For those eyeing this region, understanding the household density and population size can help gauge community needs and market demand.

Income & Housing Costs

The median household income in ZIP 27834 stands at $48,081, reflecting a moderate earning level that shapes affordability for residents. When it comes to housing, the median house value is $161,700, which positions this area as relatively accessible for first-time homebuyers or investors seeking value-driven opportunities. For renters, the median rent is $941 per month, offering a more affordable alternative to homeownership in many cases. These figures highlight a market where both buying and renting are viable options, depending on your financial goals and lifestyle needs.

Race & Ethnicity

The racial and ethnic composition of ZIP 27834 is notably diverse, providing a rich cultural tapestry for residents and businesses alike. The population breakdown shows Black residents as the majority at 54.04%, followed by White residents at 33.06%. Hispanic individuals make up 7.83% of the population, while Asian residents account for 2.18%. This diversity can influence community dynamics, local business offerings, and cultural events, making it an important factor for anyone looking to integrate into or serve this area.

Key Facts

• Total population: 55,073 residents, indicating a robust community size.
• Total households: 24,419, reflecting a mix of family and solo living.
• Total housing units: 27,368, with some vacancy potential for buyers or investors.
• Median household income: $48,081, suggesting moderate affordability.
• Median house value: $161,700, an accessible entry point for homeownership.
• Median rent: $941, a competitive rate for renters in the region.
• Racial diversity: Predominantly Black (54.04%) and White (33.06%), with Hispanic (7.83%) and Asian (2.18%) representation.

What This Means for You

For homebuyers, ZIP 27834 offers a promising market with a median house value of $161,700, which is within reach for many budgets, especially compared to higher-cost regions. The moderate median income of $48,081 suggests a community where affordability matters, so aligning your purchase with local earning power is key. Investors and real estate agents can find opportunity in the gap between total housing units (27,368) and occupied households (24,419), pointing to potential rental or flip properties. The rental market, with a median rent of $941, also supports steady demand for investment properties. Small-business owners should note the diverse population of 55,073, which offers a broad customer base; tailoring products or services to cultural preferences could be a competitive edge. Finally, analysts can use this data to track trends in housing occupancy or demographic shifts, providing deeper insights for clients or reports.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 27834? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, housing, and income data tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.