Raleigh, NC · standard

ZIP Code 27606

Wake County, North Carolina — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

43,210
673/sq mi
$78,371
Median income
$457,900
Median home value
60.3%
Bachelor's or higher

The verdict

Raleigh pairs an above-median household income with upper-quartile home values, in a low-density, renter-heavy area.

Top 40%
household income, US ZIPs
Top 16%
home value, US ZIPs
673
people per sq mi
38%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 27606 against every reporting US ZIP.

ZIP code 27606 is classified by USPS as a standard delivery area and covers roughly 64.2 square miles in Raleigh, Wake County, North Carolina. The area is home to 43,210 residents, producing a population density of 673 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 27606 against North Carolina and the nation.

On the economic side, the median household income for ZIP 27606 sits at $78,371 (13% above the North Carolina average), while per-capita income is $47,200. The poverty rate stands at 18.8% and the unemployment rate at 4.6%. On housing, the median home value is $457,900 (76% above the state average) with median rent at $1,432 per month, and 37.8% of occupied units are owner-occupied, a direct signal of whether 27606 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 60.3% of adults hold a bachelor's degree or higher, the median age is 30.9, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Wake County, so you can benchmark 27606 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 27606

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 27606.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 27606, Raleigh, NC · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

43,210

Population

64.2

Area (sq mi)

673

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 27606?

30.9

Median Age

51.9%

Male

48.1%

Female

17.9%

Foreign-Born

White 65.9%
African American 14.1%
Asian 10.6%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 6.2%
Hispanic or Latino 6.5%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$78,371

Median Household Income

+13% vs state

$47,200

Per Capita Income

18.8%

Poverty Rate

4.6%

Unemployment Rate

21.5 min

Mean Commute Time

How ZIP 27606 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$78,371 Top 40% higher than 60% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 73.5%
Bachelor's Degree or Higher 60.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

22,464

Total Housing Units

19,647

Occupied Units

2,817

Vacant Units

2.18

Avg Household Size

Occupancy Type

Owner 37.8%
Renter 62.2%

$457,900

Median Home Value

+76% vs state

$1,432

Median Rent

1991

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+4.4%

YoY Change (2024)

266

HPI Index (2000 = 100)

+166%

Total Change Since 2000

Home values in ZIP 27606 have increased 4.4% over the past year (2024). Since 2000, this ZIP has seen +166% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.2% 175
2021 +11.6% 195
2022 +25.0% 244
2023 +4.5% 255
2024 +4.4% 266

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 964 business establishments in ZIP 27606, employing approximately 15,821 people with a combined annual payroll of $1,160,652,000.

964

Businesses

15,821

Employees

$1.2B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 208 21.6%
Construction 105 10.9%
Retail trade 101 10.5%
Other services (except public administration) 96 10.0%
Accommodation and food services 76 7.9%
Administrative and support and waste management and remediation services 65 6.7%
Health care and social assistance 65 6.7%
Real estate and rental and leasing 57 5.9%
Finance and insurance 47 4.9%
Wholesale trade 44 4.6%
Educational services 24 2.5%
Information 21 2.2%
Arts, entertainment, and recreation 20 2.1%
Manufacturing 15 1.6%
Transportation and warehousing 13 1.4%
Management of companies and enterprises 5 0.5%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 27606 vs 27518 →

ZIP 27606 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 27606 ranks #2 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 27606 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 27606 ranks #9 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
27518 Cary, NC 19,630 3.2 mi
27607 Raleigh, NC 25,188 5.0 mi
27511 Cary, NC 32,029 4.1 mi
27605 Raleigh, NC 4,495 4.9 mi
27601 Raleigh, NC 9,450 5.2 mi
27612 Raleigh, NC 35,028 7.8 mi
27603 Raleigh, NC 47,033 6.2 mi
27608 Raleigh, NC 10,429 6.2 mi
27513 Cary, NC 40,755 6.4 mi
27539 Apex, NC 18,692 7.0 mi

More ZIP Codes in Wake County

Frequently Asked Questions

What county is ZIP code 27606 in?
ZIP code 27606 (Raleigh) is located in Wake County, North Carolina. Wake County contains multiple ZIP codes, see the full list at /counties/wake-nc.
What is the population of ZIP code 27606?
ZIP code 27606 in Raleigh, NC has a population of 43,210 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 27606?
The median household income in ZIP 27606 is $78,371, which is 3% above the national average of $76,288.
What is the average home value in ZIP 27606?
The median home value in ZIP 27606 is $457,900, which is 65% above the national average of $278,155.
What is the demographic makeup of ZIP 27606?
The largest racial group in ZIP 27606 is White at 65.9%. Hispanic or Latino residents make up 6.5% of the population.
How many businesses are in ZIP code 27606?
ZIP code 27606 has 964 business establishments employing approximately 15,821 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 27606?
The top industries by establishment count in ZIP 27606 are: Professional, scientific, and technical services (208), Construction (105), Retail trade (101). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 27606?
According to the FHFA House Price Index, home values in ZIP 27606 increased by 4.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 166%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 27606?
In ZIP code 27606, 73.5% of residents aged 25+ have a high school diploma or higher, and 60.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 27606?
The mean commute time for workers in ZIP code 27606 is 21.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 27606?
In ZIP code 27606, approximately 37.8% of occupied housing units are owner-occupied and 62.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 27606?
The poverty rate in ZIP code 27606 is 18.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Raleigh, NC

Verify and explore additional data for this area using these official government sources.