The ZIP Code 27616 is associated with Raleigh, NC in Wake County in the United States. The current population estimate for this region is 55,128. About 8.9% of residents in ZIP Code 27616 are aged 62 years and older, and the region has a median age of 33.4 years. In this North Carolina region, an estimated 42.7% have a bachelor's degree or higher, while the per capita income comes in at about $30,036. The median household income is at $70,533, while an estimated 9% of the population in this ZIP is living below the poverty line.
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The median household income in ZIP Code 27616 is $70,533, while the region's mean household income is $82,540. Breaking income down further, per capita income in the region is $30,036. The per capita income in ZIP Code 27616 of $30,036 is approximately 2.43% less than the per capita income in the U.S. overall of $30,783. An estimated 8.8% of the population is living below the poverty line in this region. This rate is approximately 7.37% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 19.2% of the population in 27616 earn $100,000 to $149,999 per year, while an estimated 18.5% earn $50,000 to $74,999 per year, and 3.0% of 27616 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.1% |
| $10,000 to $14,999 per year | 3.0% |
| $15,000 to $24,999 per year | 5.4% |
| $25,000 to $34,999 per year | 7.8% |
| $35,000 to $49,999 per year | 15.4% |
| $50,000 to $74,999 per year | 18.5% |
| $75,000 to $99,999 per year | 17.8% |
| $100,000 to $149,999 per year | 19.2% |
| $150,000 to $199,999 per year | 6.2% |
| $200,000 or more per year | 3.5% |
In ZIP Code 27616, 89.2% of the population graduated high school, while 42.7% have a bachelor's degree or higher. In this region, 5.4% achieved an education level less than 9th grade, while 13.3% hold a graduate or professional degree. Approximately 16.7% in this Wake County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 5.4% |
| 9th to 12th grade, no diploma | 5.3% |
| High school graduate (includes equivalency) | 16.7% |
| Some college, no degree | 20.2% |
| Associate's degree | 9.5% |
| Bachelor's degree | 29.4% |
| Graduate or professional degree | 13.3% |
Residents of ZIP Code 27616 are younger than average. The median age of 33.4 years in ZIP Code 27616 is approximately 12.34% lower than the overall median age in the U.S. of 38.1 years. About 72.9% of residents are aged 18 years and older, and 8.9% of residents are 62 years and over. Approximately 18.3% of the population in 27616 falls in the age group 25 to 34 years, while an estimated 15.8% are aged 35 to 44 years. On the low end of the scale, 0.5% of 27616 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 7.5% |
| 5 to 9 years | 7.4% |
| 10 to 14 years | 7.9% |
| 15 to 19 years | 6.0% |
| 20 to 24 years | 5.9% |
| 25 to 34 years | 18.3% |
| 35 to 44 years | 15.8% |
| 45 to 54 years | 14.5% |
| 55 to 59 years | 5.6% |
| 60 to 64 years | 3.9% |
| 65 to 74 years | 4.9% |
| 75 to 84 years | 1.6% |
| 85 years and over | 0.5% |
Looking at race in the population that makes up ZIP Code 27616, 95.2% is one race, while 4.8% are two or more races. Approximately 20.3% of 27616 residents are hispanic or Latino (of any race). The most common race in 27616 (race alone or in combination with one or more other races), is White (42.5%), followed by Black or African American (40.7%) .
| Industry | Percent |
|---|---|
| White | 42.5% |
| Black or African American | 40.7% |
| American Indian and Alaska Native | 1.8% |
| Asian | 8.1% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 11.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 27616 is current access to health insurance, as an estimated 89.2% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 27616 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 89.2% |
| Risk Behavior | Percent of adults* |
|---|
In ZIP Code 27616, 71.0% of the population lists "English only" as the language spoken in home, while 18.0% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 3.0% of homes, and other Indo-European languages are spoken in 5.5% of homes. Lastly, 2.5% 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 | 71.0% |
| Spanish | 18.0% |
| Other Indo-European languages | 3.0% |
| Asian and Pacific Islander languages | 5.5% |
| Other languages | 2.5% |
The median home value in ZIP Code 27616 in January 2025 comes in at $367,219. The January 2025 value is approximately -1% lower than the $371,694 median value in August 2024, and -1% lower than the $370,032 median value in February 2024. Regarding the age of homes in ZIP Code 27616, an estimated 33.9% of homes were built between 2000 and 2009. Additionally, 27.7% of homes in the region were built between 1990 and 1999, while an estimated 0.1% of homes were built between 1940 and 1949 in this Wake County region.
| Month | Home value |
|---|---|
| Jan 2025 | $367,219 |
| Dec 2024 | $368,308 |
| Nov 2024 | $369,313 |
| Oct 2024 | $370,268 |
| Sep 2024 | $371,191 |
| Aug 2024 | $371,694 |
| Jul 2024 | $372,205 |
| Jun 2024 | $372,549 |
| May 2024 | $372,925 |
| Apr 2024 | $372,337 |
| Mar 2024 | $371,247 |
| Feb 2024 | $370,032 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 7.5% |
| Built between 2010 and 2013 | 10.9% |
| Built between 2000 and 2009 | 33.9% |
| Built between 1990 and 1999 | 27.7% |
| Built between 1980 and 1989 | 12.3% |
| Built between 1970 and 1979 | 4.2% |
| Built between 1960 and 1969 | 1.9% |
| Built between 1950 and 1959 | 0.4% |
| Built between 1940 and 1949 | 0.1% |
| Built in 1939 or earlier | 1.1% |
In 27616, 76.4% of the population is in the labor force. Recent estimates place 10.5% as working from home, while the total labor force in the region has a mean travel to time to work of 27.0 minutes. Approximately 18.8% of the employed population 16 years and over in 27616 work in educational services, and health care and social assistance, while an estimated 15.0% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.1% of 27616 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.1% |
| Construction | 8.9% |
| Manufacturing | 7.6% |
| Wholesale trade | 1.5% |
| Retail trade | 10.3% |
| Transportation and warehousing, and utilities | 5.6% |
| Information | 3.5% |
| Finance and insurance, and real estate and rental and leasing | 8.4% |
| Professional, scientific, management, and administrative | 15.0% |
| Educational services, and health care and social assistance | 18.8% |
| Arts, entertainment, and recreation, and accommodation and food services | 9.7% |
| Other services, except public administration | 5.4% |
| Public administration | 5.2% |
Regarding solar power potential, ZIP Code 27616 has an average daily solar radiation level of 5.26 kWh/m2/day. This is approximately 27.67% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 20.18% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 27616 | 10.43¢/kWh | 8.5¢/kWh | 6.64¢/kWh |
| North Carolina | 15.12¢/kWh | 10.36¢/kWh | 7.9¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 27616 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.59 | 1.9 | 5.84 |
| Feb | 5.05 | 3 | 6.31 |
| Mar | 5.37 | 3.65 | 7.02 |
| Apr | 5.69 | 5.13 | 7.3 |
| May | 5.74 | 5.17 | 7.13 |
| Jun | 5.74 | 5.72 | 6.95 |
| Jul | 5.45 | 6.22 | 6.51 |
| Aug | 5.57 | 6.08 | 6.65 |
| Sep | 5.52 | 5.15 | 7.02 |
| Oct | 5.24 | 3.32 | 6.92 |
| Nov | 4.87 | 2.33 | 5.99 |
| Dec | 4.35 | 1.78 | 5.46 |