ZIP 28602 - 860Z200US28602 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 28602 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in North Carolina, this area offers a mix of suburban and small-town vibes with a population of over 29,000. Whether you’re a homebuyer looking for affordability, an investor seeking opportunities, or a small-business owner scouting a new market, this snapshot of ZIP 28602 provides actionable insights based on 2023 data. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 28602 is home to a population of 29,273 residents, spread across 11,535 households. This translates to an average household size of roughly 2.5 people, suggesting a community of small to medium-sized families. With 12,941 total housing units in the area, there’s a modest buffer of unoccupied or available properties—about 11% of units are not currently occupied by households. This could indicate potential for buyers or investors looking for properties in a moderately populated region with room for growth.

Income & Housing Costs

The median household income in ZIP 28602 stands at $56,031, reflecting a middle-income community where affordability remains within reach for many. Housing costs align with this income level, with a median house value of $180,300—a reasonable entry point for first-time homebuyers or investors seeking value. For renters, the median monthly rent is $830, which is relatively affordable compared to national averages, making this area attractive for those not yet ready to buy. These figures suggest that ZIP 28602 offers a balanced cost of living, appealing to a wide range of budgets.

Race & Ethnicity

The demographic makeup of ZIP 28602 is predominantly White, accounting for 69.59% of the population. Black residents make up 11.56%, while Asian individuals represent 5.56%. Hispanic or Latino residents comprise 9.73% of the population, adding to the cultural diversity of the area. This mix indicates a community with a majority White population but with notable representation from other racial and ethnic groups, which could influence local culture, businesses, and community dynamics. For business owners, this diversity may present opportunities to cater to varied customer needs and preferences.

Key Facts

• Total population in ZIP 28602: 29,273 residents as of 2023.
• Total households: 11,535, with an average size of about 2.5 people.
• Total housing units: 12,941, with approximately 11% unoccupied.
• Median household income: $56,031, indicative of a middle-income area.
• Median house value: $180,300, offering affordability for buyers.
• Median rent: $830 per month, appealing to renters on a budget.
• Racial composition: 69.59% White, 11.56% Black, 5.56% Asian, 9.73% Hispanic.

What This Means for You

For homebuyers, ZIP 28602 presents an affordable housing market with a median home value of $180,300, well-suited for first-time buyers or those looking to downsize. The reasonable median rent of $830 also makes this area a viable option if you’re not ready to purchase. Investors and real estate agents should note the 11% vacancy rate among housing units, which could signal opportunities for rental properties or flips, especially given the area’s middle-income demographic. Small-business owners can benefit from a diverse customer base of nearly 30,000 residents, with income levels that support discretionary spending on local goods and services. Additionally, the cultural diversity in ZIP 28602 offers a chance to tailor products or marketing to specific community segments. Analysts will find this data a useful benchmark for tracking economic and demographic trends in similar North Carolina regions.

Run This Study Yourself

Want to dive deeper into ZIP 28602 or explore another area? Follow these simple steps to get customized insights:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to uncover detailed population, income, and real estate data.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.