The ZIP Code 27518 is associated with Cary, NC in Wake County in the United States. The current population estimate for this region is 20,102. Median househould income in this region is $106,721, while about 3% of the population lives below the poverty line. The ZIP Code 27518 has a median age of approximately 45.1 years, with 21.2% of residents aged 62 years and older. In this North Carolina region, an estimated 73.4% have a bachelor's degree or higher, while the per capita income comes in at about $59,308.
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The median household income in ZIP Code 27518 is $106,721, while the region's mean household income is $142,551. Breaking income down further, per capita income in the region is $59,308. The per capita income in ZIP Code 27518 of $59,308 is approximately 92.66% more than the per capita income in North Carolina overall of $30,783. An estimated 2.6% of the population is living below the poverty line in this region. This rate is approximately 72.63% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 20.7% of the population in 27518 earn $200,000 or more per year, while an estimated 17.3% earn $100,000 to $149,999 per year, and 1.1% of 27518 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 2.6% |
| $10,000 to $14,999 per year | 1.1% |
| $15,000 to $24,999 per year | 3.1% |
| $25,000 to $34,999 per year | 4.4% |
| $35,000 to $49,999 per year | 8.1% |
| $50,000 to $74,999 per year | 15.9% |
| $75,000 to $99,999 per year | 12.6% |
| $100,000 to $149,999 per year | 17.3% |
| $150,000 to $199,999 per year | 14.4% |
| $200,000 or more per year | 20.7% |
In ZIP Code 27518, 98.1% of the population graduated high school, while 73.4% have a bachelor's degree or higher. In this region, 0.5% achieved an education level less than 9th grade, while 33.4% hold a graduate or professional degree. Approximately 5.9% in this Wake County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.5% |
| 9th to 12th grade, no diploma | 1.4% |
| High school graduate (includes equivalency) | 5.9% |
| Some college, no degree | 12.3% |
| Associate's degree | 6.4% |
| Bachelor's degree | 40.1% |
| Graduate or professional degree | 33.4% |
Residents of ZIP Code 27518 are older than average. The median age of 45.1 years in ZIP Code 27518 is approximately 18.37% higher than the overall median age in the U.S. of 38.1 years. About 78.9% of residents are aged 18 years and older, and 21.2% of residents are 62 years and over. Approximately 16.6% of the population in 27518 falls in the age group 45 to 54 years, while an estimated 12.3% are aged 35 to 44 years. On the low end of the scale, 0.9% of 27518 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 4.1% |
| 5 to 9 years | 5.7% |
| 10 to 14 years | 6.9% |
| 15 to 19 years | 6.0% |
| 20 to 24 years | 3.7% |
| 25 to 34 years | 11.2% |
| 35 to 44 years | 12.3% |
| 45 to 54 years | 16.6% |
| 55 to 59 years | 9.1% |
| 60 to 64 years | 8.7% |
| 65 to 74 years | 10.5% |
| 75 to 84 years | 4.4% |
| 85 years and over | 0.9% |
Looking at race in the population that makes up ZIP Code 27518, 97.8% is one race, while 2.2% are two or more races. Approximately 2.7% of 27518 residents are hispanic or Latino (of any race). The most common race in 27518 (race alone or in combination with one or more other races), is White (82.1%), followed by Asian (11.1%) .
| Industry | Percent |
|---|---|
| White | 82.1% |
| Black or African American | 7.9% |
| American Indian and Alaska Native | 1.2% |
| Asian | 11.1% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 0.5% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 27518 is current access to health insurance, as an estimated 94.5% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 27518 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 94.5% |
| Risk Behavior | Percent of adults* |
|---|
In ZIP Code 27518, 85.2% of the population lists "English only" as the language spoken in home, while 1.2% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 7.6% of homes, and other Indo-European languages are spoken in 5.0% of homes. Lastly, 1.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Wake County region.
| Language Spoken | Percent |
|---|---|
| English only | 85.2% |
| Spanish | 1.2% |
| Other Indo-European languages | 7.6% |
| Asian and Pacific Islander languages | 5.0% |
| Other languages | 1.0% |
The median home value in ZIP Code 27518 in January 2025 comes in at $726,393. The January 2025 value is approximately 1% higher than the $718,066 median value in August 2024, and 4% higher than the $696,997 median value in February 2024. Regarding the age of homes in ZIP Code 27518, an estimated 47.7% of homes were built between 1990 and 1999. Additionally, 21.9% of homes in the region were built between 2000 and 2009, while an estimated 0.0% of homes were built between 1940 and 1949 in this Wake County region.
| Month | Home value |
|---|---|
| Jan 2025 | $726,393 |
| Dec 2024 | $724,613 |
| Nov 2024 | $721,877 |
| Oct 2024 | $719,447 |
| Sep 2024 | $718,318 |
| Aug 2024 | $718,066 |
| Jul 2024 | $718,648 |
| Jun 2024 | $718,367 |
| May 2024 | $716,130 |
| Apr 2024 | $710,007 |
| Mar 2024 | $702,716 |
| Feb 2024 | $696,997 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 2.4% |
| Built between 2010 and 2013 | 6.6% |
| Built between 2000 and 2009 | 21.9% |
| Built between 1990 and 1999 | 47.7% |
| Built between 1980 and 1989 | 17.8% |
| Built between 1970 and 1979 | 2.2% |
| Built between 1960 and 1969 | 0.9% |
| Built between 1950 and 1959 | 0.2% |
| Built between 1940 and 1949 | 0.0% |
| Built in 1939 or earlier | 0.3% |
In 27518, 68.2% of the population is in the labor force. Recent estimates place 11.5% as working from home, while the total labor force in the region has a mean travel to time to work of 23.7 minutes. Approximately 22.7% of the employed population 16 years and over in 27518 work in professional, scientific, management, and administrative, while an estimated 22.1% work in educational services, and health care and social assistance. On the lower end of the scale, just 0.3% of 27518 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.3% |
| Construction | 3.6% |
| Manufacturing | 10.5% |
| Wholesale trade | 2.0% |
| Retail trade | 9.2% |
| Transportation and warehousing, and utilities | 3.6% |
| Information | 5.3% |
| Finance and insurance, and real estate and rental and leasing | 7.9% |
| Professional, scientific, management, and administrative | 22.7% |
| Educational services, and health care and social assistance | 22.1% |
| Arts, entertainment, and recreation, and accommodation and food services | 6.1% |
| Other services, except public administration | 3.4% |
| Public administration | 3.2% |
Regarding solar power potential, ZIP Code 27518 has an average daily solar radiation level of 5.3 kWh/m2/day. This is approximately 28.64% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 19.58% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 27518 | 10.43¢/kWh | 8.5¢/kWh | 6.64¢/kWh |
| North Carolina | 13.68¢/kWh | 10.19¢/kWh | 8.01¢/kWh |
| United States | 17.45¢/kWh | 13.64¢/kWh | 9.29¢/kWh |
| Month | ZIP Code 27518 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.74 | 1.9 | 5.84 |
| Feb | 5.04 | 3 | 6.31 |
| Mar | 5.32 | 3.65 | 7.02 |
| Apr | 5.88 | 5.13 | 7.3 |
| May | 5.77 | 5.17 | 7.13 |
| Jun | 5.7 | 5.72 | 6.95 |
| Jul | 5.71 | 6.22 | 6.51 |
| Aug | 5.47 | 6.08 | 6.65 |
| Sep | 5.39 | 5.15 | 7.02 |
| Oct | 5.23 | 3.32 | 6.92 |
| Nov | 4.89 | 2.33 | 5.99 |
| Dec | 4.43 | 1.78 | 5.46 |