Raleigh, NC · standard

ZIP Code 27608

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

10,429
1,252/sq mi High-density area
$162,188
Median income Above-median income area
$977,400
Median home value Above-median home value
86.9%
Bachelor's or higher Above-average bachelor's attainment

National ZIP placement

Raleigh pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 3%
household income, US ZIPs
Top 3%
home value, US ZIPs
1,252
people per sq mi
76%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 27608 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 27608 (Raleigh, NC) rose +9.6% from 2023 to 2024. The all-transactions index moved from 297.0 in 2023 to 325.5 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 27608 is a mid-sized community (a standard USPS delivery area) in Raleigh, Wake County, North Carolina, home to 10,429 residents across 8.3 square miles, a density of 1,252 people per square mile, in the New York time zone.

ZIP 27608 skews affluent, with a median household income of $162,188 (134% above the average North Carolina ZIP), while per-capita income is $111,630. Both reported hardship measures are comparatively low in absolute terms: poverty is 2.0% and unemployment is 3.0%. Housing is both higher-cost and owner-heavy: median home value is $977,400 (277% above the average North Carolina ZIP), while 76.2% of occupied homes are owner-occupied and median rent is $1,878.

This is a highly-educated ZIP: 86.9% of adults hold a bachelor's degree or higher, the median age is 42, and the average commute is 19 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Wake County, so 27608 can be compared with both its immediate and county-level context.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

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Top industries in ZIP 27608

Top 5 sectors by establishment count in Raleigh, NC

Which industries have the most business establishments in ZIP 27608.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 27608, Raleigh, NC · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

10,429

Population

8.3

Area (sq mi)

1,252

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 27608?

42.0

Median Age

47.8%

Male

52.2%

Female

2.5%

Foreign-Born

White 90.2%
African American 1.9%
Asian 0.2%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.7%
Hispanic or Latino 3.8%

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?

$162,188

Median Household Income

+134% vs state ZIP avg

$111,630

Per Capita Income

2.0%

Poverty Rate

3.0%

Unemployment Rate

19.0 min

Mean Commute Time

How ZIP 27608 ranks among North Carolina ZIPs

Raleigh, NC household income vs. every North Carolina ZIP code

Median household income among 749 reporting North Carolina ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$162,188 Top 1% higher than 99% of 749 North Carolina ZIPs

This ZIP $0 $200K+ every North Carolina ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more North Carolina 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 91.4%
Bachelor's Degree or Higher 86.9%

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

What does housing look like?

5,709

Total Housing Units

5,375

Occupied Units

334

Vacant Units

2.33

Avg Household Size

Occupancy Type

Owner 76.2%
Renter 23.8%

$977,400

Median Home Value

+277% vs state ZIP avg

$1,878

Median Rent

1970

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

+9.6%

YoY Change (2024)

326

HPI Index (2000 = 100)

+226%

Total Change Since 2000

Home values in ZIP 27608 have increased 9.6% over the past year (2024). Since 2000, this ZIP has seen +226% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.3% 219
2021 +9.7% 241
2022 +19.4% 287
2023 +3.3% 297
2024 +9.6% 326

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 471 business establishments in ZIP 27608, employing approximately 4,142 people with a combined annual payroll of $245,658,000.

471

Businesses

4,142

Employees

$245.7M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 96 20.4%
Construction 53 11.3%
Other services (except public administration) 50 10.6%
Real estate and rental and leasing 48 10.2%
Health care and social assistance 46 9.8%
Accommodation and food services 41 8.7%
Retail trade 36 7.6%
Finance and insurance 32 6.8%
Administrative and support and waste management and remediation services 14 3.0%
Wholesale trade 13 2.8%
Manufacturing 12 2.5%
Arts, entertainment, and recreation 10 2.1%
Information 8 1.7%
Educational services 4 0.8%
Transportation and warehousing 3 0.6%

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 27608 vs 27605 →

ZIP 27608 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 27608 ranks #9 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 27608 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 27608 ranks the highest 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
27605 Raleigh, NC 4,495 1.3 mi
27609 Raleigh, NC 32,964 2.5 mi
27601 Raleigh, NC 9,450 2.5 mi
27607 Raleigh, NC 25,188 4.2 mi
27604 Raleigh, NC 42,204 5.0 mi
27615 Raleigh, NC 42,166 6.2 mi
27612 Raleigh, NC 35,028 4.7 mi
27606 Raleigh, NC 43,210 6.2 mi
27603 Raleigh, NC 47,033 10.1 mi
27610 Raleigh, NC 65,648 7.1 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 27608, both outside NC so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (10,429 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Wake County

Frequently Asked Questions

What county is ZIP code 27608 in?

ZIP code 27608 (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 27608?

ZIP code 27608 in Raleigh, NC has a population of 10,429 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 27608?

The median household income in ZIP 27608 is $162,188, which is 113% above the national average of $76,288.

What is the average home value in ZIP 27608?

The median home value in ZIP 27608 is $977,400, which is 251% above the national average of $278,155.

What is the demographic makeup of ZIP 27608?

The largest racial group in ZIP 27608 is White at 90.2%. Hispanic or Latino residents make up 3.8% of the population.

How many businesses are in ZIP code 27608?

ZIP code 27608 has 471 business establishments employing approximately 4,142 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 27608?

The top industries by establishment count in ZIP 27608 are: Professional, scientific, and technical services (96), Construction (53), Other services (except public administration) (50). There are 15 industry sectors represented in total.

How have home values changed in ZIP code 27608?

According to the FHFA House Price Index, home values in ZIP 27608 increased by 9.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 226%. 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 27608?

In ZIP code 27608, 91.4% of residents aged 25+ have a high school diploma or higher, and 86.9% 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 27608?

The mean commute time for workers in ZIP code 27608 is 19.0 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 27608?

In ZIP code 27608, approximately 76.2% of occupied housing units are owner-occupied and 23.8% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 27608?

The poverty rate in ZIP code 27608 is 2.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 27608's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.

Take this with you

What to do with ZIP 27608's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.