ZIP 28037 - 860Z200US28037 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 28037, located in the vibrant region of North Carolina, this demographic and housing snapshot offers a clear picture of what to expect. Based on the latest 2023 data, this area is home to a sizable population with strong income levels and a competitive housing market. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights into population, income, housing costs, and diversity will help you make informed decisions about this community.

Population & Households

ZIP 28037 is home to a population of 27,128 individuals, making it a moderately sized community with a mix of families, professionals, and retirees. This population is distributed across 10,892 households, indicating a balanced density that supports both residential living and local business activity. With 11,930 total housing units in the area, there’s a slight surplus of homes compared to households, which could signal availability for new residents or investors looking to enter the market.

Income & Housing Costs

One of the standout features of ZIP 28037 is its robust economic profile. The median household income stands at $109,779, reflecting a financially stable community with significant purchasing power. This income level positions the area as attractive for businesses targeting mid-to-upper-income consumers. On the housing front, the median home value is $455,700, indicating a premium market where properties hold strong value—ideal for investors seeking appreciation. For renters, the median rent is $1,126 per month, which is relatively affordable compared to the home values, offering options for those not ready to buy.

Race & Ethnicity

The demographic makeup of ZIP 28037 is predominantly White, with 89.74% of the population identifying as such. Other racial and ethnic groups include Black residents at 1.88%, Asian residents at 0.83%, and Hispanic or Latino individuals at 4.37%. This composition suggests a relatively homogenous community, which may influence cultural dynamics, local businesses, and community events. For businesses and investors, understanding this demographic profile can help tailor services or marketing strategies to the majority population while also considering niche opportunities for diverse groups.

Key Facts

• Total population in ZIP 28037: 27,128 residents, offering a sizable market for businesses and services.
• Total households: 10,892, indicating a strong base of family and individual units.
• Total housing units: 11,930, with potential availability for new residents or rental investments.
• Median household income: $109,779, reflecting a financially secure community.
• Median home value: $455,700, signaling a high-value real estate market.
• Median rent: $1,126, providing a more accessible entry point for non-buyers.
• Racial composition: Predominantly White (89.74%), with smaller Hispanic (4.37%), Black (1.88%), and Asian (0.83%) populations.

What This Means for You

For homebuyers, ZIP 28037 offers a stable, affluent community with high home values, suggesting long-term investment potential despite the higher entry cost. The slight surplus of housing units could mean opportunities to negotiate or find a property that fits your needs. For real estate investors and agents, the median home value of $455,700 and median rent of $1,126 point to a market with strong returns, whether through property appreciation or rental income. The income levels also suggest tenants or buyers with the means to sustain payments. For small-business owners, the population size and high median income create a promising customer base, especially for services or products targeting mid-to-upper-income households. Finally, analysts can use this data to benchmark ZIP 28037 against neighboring areas, identifying trends in housing demand or demographic shifts that could influence future growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 28037? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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