Zip Code
27616
City
Raleigh, NC
Population & Migration
What is the forecasted population for Zip code 27616 Raleigh, NC?
- Population census 2020
- 55,997
- Forecasted population 2025
- 59,658
- 6.5% vs. 2020
- Forecasted population 2030
- 65,176
- 16.4% vs. 2020
Zip code 27616 Raleigh, NC population is forecasted to grow 6.5% by 2025 (1.8 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 59,658 people for 2025 zip code 27616 Raleigh, NC will generate a good demand for housing, which is expected to have a deficit of 3,451 houses for 2030. Vacancy rate is 4.3 points below national US average.
- Total homes available 2020
- 21,054
- Estimated total home demand in 2030
- 24,505
- Total homes balance inventory
- 3,451
Average Household Income in zip code 27616 Raleigh, NC
from Internal Revenue Service
- Average household income in 2021
- $84,132
Affordability
- Affordability Index
- 4
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 27616 Raleigh, NC?
County total number of drinking water violations
1129
+400%
226
County total number of drinking water contaminations
73
+217%
23
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