ZIP 28405 - 860Z200US28405 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 28405, understanding the local demographics and housing landscape is essential. Located in North Carolina, this area offers a blend of suburban appeal and economic potential. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural diversity in ZIP 28405. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions.

Population & Households

ZIP 28405 is home to a population of 35,159 residents as of 2023. This sizable community is spread across 15,567 households, indicating a mix of family units, singles, and shared living arrangements. The total number of housing units stands at 17,073, suggesting some availability of vacant or seasonal properties. This balance between population and housing units points to a stable residential area with room for growth or investment opportunities.

Income & Housing Costs

The median household income in ZIP 28405 is $67,809, reflecting a moderate earning capacity that supports a comfortable lifestyle for many residents. When it comes to housing, the median house value is $337,000, which positions this area as a potentially attractive market for buyers and investors looking for mid-range properties. For renters, the median rent is $1,405 per month, indicating a rental market that caters to a variety of budgets but leans toward the higher side compared to national averages. These figures suggest that ZIP 28405 offers a balanced cost of living, appealing to both homeowners and tenants.

Race & Ethnicity

The demographic makeup of ZIP 28405 is diverse, providing a snapshot of cultural variety in the area. The population identifies as 68.72% White, 16.83% Black, 1.43% Asian, and 9.19% Hispanic. This mix indicates a predominantly White community with significant representation from Black and Hispanic groups, fostering a multicultural environment. For businesses and investors, this diversity can translate into varied consumer needs and opportunities for inclusive services or products.

Key Facts

• Total population: 35,159 residents in 2023.
• Total households: 15,567, supporting a community of families and individuals.
• Total housing units: 17,073, with some potential for vacant or investment properties.
• Median household income: $67,809, indicating moderate economic stability.
• Median house value: $337,000, a mid-range market for buyers and investors.
• Median rent: $1,405, reflecting a competitive rental landscape.
• Racial composition: 68.72% White, 16.83% Black, 1.43% Asian, 9.19% Hispanic.

What This Means for You

For homebuyers, ZIP 28405 offers a promising market with a median house value of $337,000, which could be within reach for those seeking a suburban setting with access to a diverse community. The population size and household numbers suggest a stable, family-friendly area with amenities likely geared toward residential needs.

For real estate investors and agents, the gap between total housing units (17,073) and households (15,567) hints at opportunities for rental properties or flips, especially given the median rent of $1,405. The mid-range home values also make this ZIP code a potential hotspot for long-term appreciation or steady rental income.

For small-business owners, the diverse population of 35,159 and income levels around $67,809 suggest a customer base with varied needs and disposable income. Tailoring products or services to reflect the cultural diversity—especially for Hispanic and Black communities—could help tap into underserved markets.

For analysts, these metrics provide a foundation for deeper studies into economic trends, housing demand, or community development in ZIP 28405. The data points to a balanced area with growth potential worth monitoring.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 28405? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make data-driven decisions for buying, investing, or launching a business in any area of interest.