The ZIP Code 27516 is associated with Chapel Hill, NC in Orange County in the United States. The current population estimate for this region is 43,036. The median household income is at $84,783, while an estimated 3% of the population in this ZIP is living below the poverty line. The ZIP Code 27516 has a median age of approximately 36.1 years, with 15.5% of residents aged 62 years and older. In this North Carolina region, an estimated 68.7% have a bachelor's degree or higher, while the per capita income comes in at about $47,576.
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The median household income in ZIP Code 27516 is $84,783, while the region's mean household income is $126,839. Breaking income down further, per capita income in the region is $47,576. The per capita income in ZIP Code 27516 of $47,576 is approximately 54.55% more than the per capita income in North Carolina overall of $30,783. An estimated 3.4% of the population is living below the poverty line in this region. This rate is approximately 64.21% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 20.3% of the population in 27516 earn $200,000 or more per year, while an estimated 16.0% earn $100,000 to $149,999 per year, and 3.4% of 27516 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 7.4% |
| $10,000 to $14,999 per year | 3.4% |
| $15,000 to $24,999 per year | 6.4% |
| $25,000 to $34,999 per year | 6.4% |
| $35,000 to $49,999 per year | 10.3% |
| $50,000 to $74,999 per year | 12.1% |
| $75,000 to $99,999 per year | 8.2% |
| $100,000 to $149,999 per year | 16.0% |
| $150,000 to $199,999 per year | 9.5% |
| $200,000 or more per year | 20.3% |
In ZIP Code 27516, 95.1% of the population graduated high school, while 68.7% have a bachelor's degree or higher. In this region, 2.5% achieved an education level less than 9th grade, while 41.0% hold a graduate or professional degree. Approximately 10.9% in this Orange County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.5% |
| 9th to 12th grade, no diploma | 2.5% |
| High school graduate (includes equivalency) | 10.9% |
| Some college, no degree | 9.4% |
| Associate's degree | 6.1% |
| Bachelor's degree | 27.7% |
| Graduate or professional degree | 41.0% |
Residents of ZIP Code 27516 are younger than average. The median age of 36.1 years in ZIP Code 27516 is approximately 5.25% lower than the overall median age in the U.S. of 38.1 years. About 79.2% of residents are aged 18 years and older, and 15.5% of residents are 62 years and over. Approximately 14.3% of the population in 27516 falls in the age group 20 to 24 years, while an estimated 14.3% are aged 45 to 54 years. On the low end of the scale, 1.1% of 27516 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 4.6% |
| 5 to 9 years | 5.9% |
| 10 to 14 years | 6.7% |
| 15 to 19 years | 7.3% |
| 20 to 24 years | 14.3% |
| 25 to 34 years | 10.0% |
| 35 to 44 years | 12.7% |
| 45 to 54 years | 14.3% |
| 55 to 59 years | 6.3% |
| 60 to 64 years | 6.1% |
| 65 to 74 years | 7.8% |
| 75 to 84 years | 2.9% |
| 85 years and over | 1.1% |
Looking at race in the population that makes up ZIP Code 27516, 97.4% is one race, while 2.6% are two or more races. Approximately 7.3% of 27516 residents are hispanic or Latino (of any race). The most common race in 27516 (race alone or in combination with one or more other races), is White (79.9%), followed by Asian (10.8%) .
| Industry | Percent |
|---|---|
| White | 79.9% |
| Black or African American | 10.5% |
| American Indian and Alaska Native | 0.2% |
| Asian | 10.8% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 1.0% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 27516 is current access to health insurance, as an estimated 92.2% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 27516 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 92.2% |
| Risk Behavior | Percent of adults* |
|---|
In ZIP Code 27516, 82.5% of the population lists "English only" as the language spoken in home, while 5.6% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 4.9% of homes, and other Indo-European languages are spoken in 6.4% of homes. Lastly, 0.7% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Orange County region.
| Language Spoken | Percent |
|---|---|
| English only | 82.5% |
| Spanish | 5.6% |
| Other Indo-European languages | 4.9% |
| Asian and Pacific Islander languages | 6.4% |
| Other languages | 0.7% |
The median home value in ZIP Code 27516 in January 2025 comes in at $609,614. The January 2025 value is approximately 1% higher than the $605,711 median value in August 2024, and 2% higher than the $595,166 median value in February 2024. Regarding the age of homes in ZIP Code 27516, an estimated 22.9% of homes were built between 1990 and 1999. Additionally, 17.1% of homes in the region were built between 2000 and 2009, while an estimated 1.3% of homes were built between 1940 and 1949 in this Orange County region.
| Month | Home value |
|---|---|
| Jan 2025 | $609,614 |
| Dec 2024 | $608,673 |
| Nov 2024 | $607,203 |
| Oct 2024 | $605,577 |
| Sep 2024 | $605,018 |
| Aug 2024 | $605,711 |
| Jul 2024 | $607,321 |
| Jun 2024 | $608,005 |
| May 2024 | $607,103 |
| Apr 2024 | $603,452 |
| Mar 2024 | $598,885 |
| Feb 2024 | $595,166 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 4.1% |
| Built between 2010 and 2013 | 9.2% |
| Built between 2000 and 2009 | 17.1% |
| Built between 1990 and 1999 | 22.9% |
| Built between 1980 and 1989 | 14.4% |
| Built between 1970 and 1979 | 13.7% |
| Built between 1960 and 1969 | 7.5% |
| Built between 1950 and 1959 | 6.0% |
| Built between 1940 and 1949 | 1.3% |
| Built in 1939 or earlier | 4.0% |
In 27516, 66.0% of the population is in the labor force. Recent estimates place 12.4% as working from home, while the total labor force in the region has a mean travel to time to work of 23.4 minutes. Approximately 39.0% of the employed population 16 years and over in 27516 work in educational services, and health care and social assistance, while an estimated 15.6% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.4% of 27516 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.4% |
| Construction | 3.4% |
| Manufacturing | 6.3% |
| Wholesale trade | 0.9% |
| Retail trade | 7.2% |
| Transportation and warehousing, and utilities | 1.4% |
| Information | 1.7% |
| Finance and insurance, and real estate and rental and leasing | 5.9% |
| Professional, scientific, management, and administrative | 15.6% |
| Educational services, and health care and social assistance | 39.0% |
| Arts, entertainment, and recreation, and accommodation and food services | 11.4% |
| Other services, except public administration | 3.7% |
| Public administration | 3.3% |
Regarding solar power potential, ZIP Code 27516 has an average daily solar radiation level of 5.33 kWh/m2/day. This is approximately 29.37% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 19.12% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 27516 | 12.12¢/kWh | 10.69¢/kWh | 5.62¢/kWh |
| North Carolina | 14.14¢/kWh | 10.57¢/kWh | 7.88¢/kWh |
| United States | 16.44¢/kWh | 13.09¢/kWh | 8.23¢/kWh |
| Month | ZIP Code 27516 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.76 | 1.9 | 5.84 |
| Feb | 4.87 | 3 | 6.31 |
| Mar | 5.52 | 3.65 | 7.02 |
| Apr | 5.69 | 5.13 | 7.3 |
| May | 5.85 | 5.17 | 7.13 |
| Jun | 5.79 | 5.72 | 6.95 |
| Jul | 5.59 | 6.22 | 6.51 |
| Aug | 5.55 | 6.08 | 6.65 |
| Sep | 5.31 | 5.15 | 7.02 |
| Oct | 5.6 | 3.32 | 6.92 |
| Nov | 5.06 | 2.33 | 5.99 |
| Dec | 4.39 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 27516, credit reporting or credit repair services have received the most complaints in 27516 in the past 12 months. Credit reporting or other personal consumer reports received the second most complaints. The most frequent complaint overall in this Orange County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 110 |
| Credit reporting or other personal consumer reports | 105 |
| Checking or savings account | 19 |
| Debt collection | 18 |
| Mortgage | 16 |
| Other | 36 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 151 |
| Improper use of your report | 43 |
| Attempts to collect debt not owed | 15 |
| Problem with a company's investigation into an existing problem | 15 |
| Managing an account | 14 |
| Other | 66 |