ZIP 28277 - 860Z200US28277 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 28277, located in the Charlotte, North Carolina area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, agents, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family-friendly neighborhood or a strategic market for growth, understanding ZIP 28277’s profile is the first step.

Population & Households

ZIP 28277 is home to a robust population of 72,375 residents, making it a sizable and vibrant community. This area supports 28,537 households, reflecting a strong base of families, professionals, and individuals. With 30,100 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or investors looking to enter the market. The population density and household distribution suggest a well-established area with room for growth or turnover in housing stock.

Income & Housing Costs

One of the standout features of ZIP 28277 is its strong economic profile, with a median household income of $122,223. This figure points to a relatively affluent community, likely attracting professionals and families with higher earning potential. Housing costs align with this income level, as the median home value stands at $507,600—a significant investment that reflects the area’s desirability and stability. For renters, the median rent is $1,814 per month, indicating a premium rental market that caters to those seeking quality housing without purchasing. These metrics suggest ZIP 28277 is a competitive market for both buying and renting, with costs reflecting the area’s economic strength.

Race & Ethnicity

The demographic makeup of ZIP 28277 showcases a diverse yet predominantly white population. Approximately 60.47% of residents identify as white, while 16.04% are Asian, 8.74% are Black, and 8.06% identify as Hispanic. This diversity contributes to a culturally rich environment, which can be a draw for families and businesses aiming to connect with varied customer bases or communities. Understanding this composition helps stakeholders anticipate community needs, from educational resources to culturally tailored services or products.

Key Facts

• Total population: 72,375 residents, indicating a sizable community in ZIP 28277.
• Total households: 28,537, supporting a strong residential base.
• Total housing units: 30,100, suggesting some availability for new occupants or investors.
• Median household income: $122,223, reflecting an affluent area with economic stability.
• Median home value: $507,600, pointing to a high-value real estate market.
• Median rent: $1,814, indicating a premium rental market for quality housing.
• Racial composition: 60.47% white, 16.04% Asian, 8.74% Black, 8.06% Hispanic, showcasing diversity.

What This Means for You

For homebuyers, ZIP 28277 offers a stable, affluent community with high home values and rental costs, ideal for those seeking long-term investment in a desirable area. The slight surplus of housing units could mean opportunities to find a home, though competition may be stiff given the median price of $507,600. Investors and agents will find a strong market here, with high household incomes suggesting buyers and renters can afford premium properties—perfect for flipping, renting, or holding assets. The diversity and population size also indicate sustained demand. For small-business owners, the income levels and diverse demographic profile point to a customer base with disposable income and varied needs, whether you’re opening a retail store, restaurant, or service-based business. Analysts can use these metrics to benchmark ZIP 28277 against other areas, identifying trends in housing affordability or demographic shifts. Across all groups, this data underscores a community with economic strength and cultural variety, worth exploring further.

Run This Study Yourself

• Want to dive deeper into ZIP 28277 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to analyze ZIP code data.
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