ZIP 27870 - 860Z200US27870 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 27870 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of affordability and diversity that can appeal to a wide range of interests. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about opportunities in 27870.

Population & Households

ZIP code 27870 is home to a population of 24,778 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These residents are distributed across 10,225 households, reflecting a variety of family structures and living arrangements. The total number of housing units in the area stands at 11,578, indicating some vacancy or availability for potential buyers or renters. This balance of population and housing suggests a stable community with room for growth, which could be attractive for those looking to settle or invest in the area.

Income & Housing Costs

The median household income in ZIP 27870 is $48,994, which positions the area as a relatively affordable place to live compared to national averages. This income level supports a practical lifestyle for many families and individuals. On the housing front, the median home value is $117,300, offering an accessible entry point for first-time buyers or investors seeking value. For renters, the median rent is $835 per month, which aligns with the income levels and provides affordable options for those not ready to buy. These figures highlight 27870 as a cost-effective location with potential for both personal and financial growth.

Race & Ethnicity

The cultural fabric of ZIP 27870 is notably diverse, creating a vibrant community for residents and businesses alike. The racial composition includes 47.08% White, 40.18% Black, 1.26% Asian, and 4.86% Hispanic residents. This diversity fosters a rich social environment, offering opportunities for cultural exchange and community engagement. For businesses, this mix can translate into a broad customer base with varied needs and preferences, while homebuyers may appreciate the inclusive atmosphere that defines life in 27870.

Key Facts

• Total population: 24,778 residents, reflecting a mid-sized community.
• Total households: 10,225, indicating a range of family and individual setups.
• Total housing units: 11,578, suggesting availability for new residents or investors.
• Median household income: $48,994, supporting an affordable cost of living.
• Median home value: $117,300, an attractive price for buyers and investors.
• Median rent: $835, offering reasonable options for renters.
• Diverse population: 47.08% White, 40.18% Black, 1.26% Asian, 4.86% Hispanic.

What This Means for You

For homebuyers, ZIP 27870 presents an affordable opportunity with a median home value of $117,300, well-suited for first-time buyers or those seeking value in a diverse community. The reasonable median rent of $835 also makes this area a viable option if you’re not ready to purchase. Real estate investors and agents will find potential in the gap between total housing units (11,578) and households (10,225), which could indicate opportunities for rentals or flips in a market with steady demand. Small-business owners can leverage the diverse population of 24,778 to target a wide customer base, tailoring products or services to meet varied cultural needs. Analysts can use these metrics to assess growth trends, housing affordability, and community stability, providing a solid foundation for deeper market studies in 27870.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 27870? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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