ZIP Code 27616 Demographics

Wake County, North Carolina  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 27616 compared to county averages.

Total Population

57,599

↓ 94.9% vs county

Median HH Income

$77,566

↓ 19.8% vs county

Median Home Value

$284,900

↓ 26.1% vs county

Median Age

35.1 yrs

↑ 5.1% vs county

Unemployment Rate

7.5%

↓ +79.1% vs county

Income & Housing Comparison

How ZIP 27616 compares to Wake County and North Carolina overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 27616 $78k Wake $97k North Carolina $66k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 27616 $285k Wake $386k North Carolina $235k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

30.0%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

57.8%

of occupied housing units are owner-occupied

Median Gross Rent

$1,418

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 27616 using local Census metrics.

Median Home Value$284,900
Down Payment (20%)$56,980
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,809P&I: $1441 | Tax: $285 | Ins: $83
Rent (Local Median)
$1,418
Renting is CheaperRenting is estimated to save you $391/month compared to buying costs.

How Does 27616 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 27616 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 27616, sorted by distance.

27571 5.8 mi away wake county 27615 5.9 mi away wake county 27614 7.2 mi away wake county 27587 7.9 mi away wake county 27613 10.5 mi away wake county 27596 11.1 mi away franklin county 27525 17.8 mi away franklin county 27522 18.2 mi away granville county

About Wake County

Wake County is located in North Carolina and has a total population of 1,132,103. The county's median household income is $96,734 and median home value is $385,700. ZIP code 27616 is one of many ZCTAs within this county.

View all ZIP codes in Wake County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.