ZIP Code 27606: Population, Income, Housing

State: NC
Total population: 45,444 Household income: $78,371 Rent: $1,432

Overview

Total population
45,444
Rent
$1,432
Year built
1991
Household income
$78,371
Per capita income
$47,200
Poverty rate
18.8%
Unemployment rate
N/A
Household size
2.2 persons
Rent over 30% of income
52.4%

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
Wake County
City
Raleigh
Total population
45,444
Adults over 25
29,586
Total households
19,647
Household size
2.2 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).

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.

Income & Poverty

Household income
$78,371
Per capita income
$47,200
Poverty rate
18.8%
Unemployment rate
N/A
Rent over 30% of income
52.4%

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.

Housing

Rent
$1,432
Year built
1991
Households that rent
62.2%
Households that own
37.8%
Rooms per home (all homes)
4.4

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.

Race

White
65.9%
Black
14.1%
Asian
10.6%
Two or more races
6.2%

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.

Ethnicity

Hispanic or Latino
6.5%
Not Hispanic or Latino
93.5%

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.

Commute

Commute rate
19,609 (75%)
Commute time to work
22 mins
Work from home
6,541 (25%)

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.

Education

Less than high school
19.3%
High school graduate or GED
13.2%
Some college or associate degree
7.2%
Bachelor’s degree or higher
60.3%

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).

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.

 

Comparison of ZIP Code 27606 with: Wake County, NC Raleigh metro area, NC North Carolina United States

ZIP 27606

Total population45,444
Rent$1,432
Year built1991
Household income$78,371
Per capita income$47,200
Poverty rate18.8%
Unemployment rateN/A

Wake County, NC

Total population1,178,653
Rent$1,623
Year built2000
Household income$105,768
Per capita income$55,448
Poverty rate8.1%
Unemployment rate2.8%

Raleigh Metro Area, NC

Total population1,487,302
Rent$1,573
Year built2000
Household income$100,103
Per capita income$51,873
Poverty rate8.7%
Unemployment rate3.1%

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 ZIP27606 CountyWake, NCMetro AreaRaleigh metro area, NCStateNorth CarolinaCountryUnited States
Total population45,4441,178,6531,487,30210,730,404334,922,499
Rent$1,432$1,623$1,573$1,228$1,413
Year built19912000200019911980
Household income$78,371$105,768$100,103$72,388$80,734
Per capita income$47,200$55,448$51,873$41,385$44,673
Poverty rate18.8%8.1%8.7%13%12.5%
Unemployment rateN/A2.8%3.1%3.6%4%

View the full multi-level comparison →

 

Loading...

 

Summary for 27606

Rent & Income

In 27606, the typical monthly rent is $1,432 and the typical household income is $78,371. Rent here is higher than North Carolina, and household income is higher than North Carolina. The estimated poverty rate is 18.8%.

Housing & Affordability

Renters make up about 62.2% of households, making this a predominantly renter area. About 52.4% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 60.3% of adults holding a bachelor’s degree or higher.

 

ZIP 27606 — Rent vs Household Income

 

 

ZIP 27606 — Poverty

 

 

How ZIP 27606 compares in North Carolina (126 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,432 72 / 126 from lower rent $733 – $2,025
Household income $78,371 55 / 126 from higher income $42,810 – $165,586
Poverty rate 18.8% 108 / 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 27606

Rent

In terms of rental prices, this ZIP stands 72nd 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 27606 stands 55th 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 108th 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 27606 (with Utilities)

Estimated Monthly Rent: $1,432 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 27606

Annual Household Income: $78,371

💡 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 27606

Estimated Rate: 18.8%

💡 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 27606

In ZIP Code 27606, households that rent: 12,218 (62.2%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 12,218 62.2%
Owner-Occupied 7,429 37.8%

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 27606

In ZIP Code 27606, cost-burdened renters (households spending over 30% of income on housing): 6,407 (52.4%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 6,407 52.4%
Other renter households 5,811 47.6%
Total renter households 12,218 100%

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 27606

Less than High School: 5,713 people (19.3%)

Includes adults who did not complete high school.

High School Graduate or GED: 3,902 people (13.2%)

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

Some College or Associate Degree: 2,121 people (7.2%)

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

Bachelor’s Degree or Higher: 17,850 people (60.3%)

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

👥 Total Adults (25+): 29,586

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.