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 4,878 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
25,932
Total homes balance inventory
4,878

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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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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