ZIP Code 27406: Population, Income, Housing

State: NC

Total population: 60,651 Household income: $59,563 Rent: $1,149

Overview

Total population

60,651

Rent

$1,149

Year built

1982

Household income

$59,563

Per capita income

$32,328

Poverty rate

20%

Unemployment rate

N/A

Household size

2.3 persons

Rent over 30% of income

48.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

North Carolina

County

Guilford County

City

Greensboro

Total population

60,651

Adults over 25

41,639

Total households

25,640

Household size

2.3 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Income & Poverty

Household income

$59,563

Per capita income

$32,328

Poverty rate

20%

Unemployment rate

N/A

Rent over 30% of income

48.4%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Housing

Rent

$1,149

Year built

1982

Households that rent

44.4%

Households that own

55.6%

Rooms per home (all homes)

5.3

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Race

White

27.7%

Black

54.8%

Asian

1.5%

Two or more races

10.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Ethnicity

Hispanic or Latino

13.1%

Not Hispanic or Latino

86.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Commute

Commute rate

25,959 (88.6%)

Commute time to work

22 mins

Work from home

3,342 (11.4%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Education

Less than high school

34.3%

High school graduate or GED

25.4%

Some college or associate degree

10.5%

Bachelor’s degree or higher

29.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Comparison of ZIP Code 27406 with: Guilford County, NC Greensboro metro area, NC North Carolina United States

ZIP 27406

Total population60,651

Rent$1,149

Year built1982

Household income$59,563

Per capita income$32,328

Poverty rate20%

Unemployment rateN/A

Guilford County, NC

Total population547,940

Rent$1,163

Year built1987

Household income$68,642

Per capita income$39,376

Poverty rate14.6%

Unemployment rate3.8%

Greensboro Metro Area, NC

Total population786,419

Rent$1,093

Year built1985

Household income$65,565

Per capita income$37,114

Poverty rate14.8%

Unemployment rate4%

North Carolina State

Total population10,730,404

Rent$1,228

Year built1991

Household income$72,388

Per capita income$41,385

Poverty rate13%

Unemployment rate3.6%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	ZIP27406	CountyGuilford, NC	Metro AreaGreensboro metro area, NC	StateNorth Carolina	CountryUnited States
Total population	60,651	547,940	786,419	10,730,404	334,922,499
Rent	$1,149	$1,163	$1,093	$1,228	$1,413
Year built	1982	1987	1985	1991	1980
Household income	$59,563	$68,642	$65,565	$72,388	$80,734
Per capita income	$32,328	$39,376	$37,114	$41,385	$44,673
Poverty rate	20%	14.6%	14.8%	13%	12.5%
Unemployment rate	N/A	3.8%	4%	3.6%	4%

View the full multi-level comparison →

Summary for 27406

Rent & Income

In 27406, the typical monthly rent is $1,149 and the typical household income is $59,563. Rent here is lower than North Carolina, and household income is lower than North Carolina. The estimated poverty rate is 20%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 44.4% of households. About 48.4% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 29.8% of adults holding a bachelor’s degree or higher.

ZIP 27406 — Rent vs Household Income

ZIP 27406 — Poverty

How ZIP 27406 compares in North Carolina (126 ZIP Codes)

Metric	This ZIP	Rank	Starts from	State range
Rent	$1,149	37 / 126	from lower rent	$733 – $2,025
Household income	$59,563	102 / 126	from higher income	$42,810 – $165,586
Poverty rate	20%	115 / 126	from lower poverty	2.3% – 34.4%

Rankings are calculated among ZIP Codes in North Carolina with total population > 30,000 (year 2024).

Detailed Ranking Explanation for ZIP Code 27406

Rent

In terms of rental prices, this ZIP stands 37th out of 126 ZIP Codes in North Carolina. Across North Carolina, figures vary from $733 in ZIP 28645 up to $2,025 in ZIP 28079.

Household income

When comparing household incomes, ZIP Code 27406 stands 102nd out of 126 ZIP Codes. Throughout North Carolina, numbers span from $42,810 in ZIP 27893 up to $165,586 in ZIP 27519.

Poverty rate

Looking at poverty indicators, this ZIP stands 115th out of 126 ZIP Codes. At the state level, values extend from 2.3% in ZIP 27502 up to 34.4% in ZIP 28607.

💰 Rent in ZIP Code 27406 (with Utilities)

Estimated Monthly Rent: $1,149 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 27406

Annual Household Income: $59,563

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 27406

Estimated Rate: 20%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 27406

In ZIP Code 27406, households that rent: 11,389 (44.4%)

📊 What does the renter household percentage reveal about this ZIP Code?

Household Type	Count	Share
Renter-Occupied	11,389	44.4%
Owner-Occupied	14,251	55.6%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 27406

In ZIP Code 27406, cost-burdened renters (households spending over 30% of income on housing): 5,509 (48.4%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	5,509	48.4%
Other renter households	5,880	51.6%
Total renter households	11,389	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 27406

Less than High School: 14,283 people (34.3%)

Includes adults who did not complete high school.

High School Graduate or GED: 10,597 people (25.4%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 4,363 people (10.5%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 12,396 people (29.8%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 41,639

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.