Raleigh, NC · standard
ZIP Code 27616
Wake County, North Carolina - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 42,294
- 735/sq mi High-density area
- $83,565
- Median income Above-median income area
- $349,300
- Median home value Above-median home value
- 44.5%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Raleigh pairs an above-median household income with above-median home values, in a low-density, mixed-tenure area.
- Top 34%
- household income, US ZIPs
- Top 26%
- home value, US ZIPs
- 735
- people per sq mi
- 56%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 27616 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 27616 (Raleigh, NC) rose +5.0% from 2023 to 2024. The all-transactions index moved from 249.9 in 2023 to 262.4 in 2024 (2000 = 100).
ZIP code 27616 is a densely settled ZIP (a standard USPS delivery area) in Raleigh, Wake County, North Carolina, with 42,294 residents across 57.6 square miles, a density of 735 people per square mile, in the New York time zone.
ZIP 27616 lands in the middle-income range, with a median household income of $83,565 (21% above the average North Carolina ZIP), while per-capita income is $39,743. The poverty rate is 9.9%, with unemployment at 5.7%; those measures add context to the income figure. Median home value is $349,300 (35% above the average North Carolina ZIP) and median rent is $1,659; 56.0% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 44.5% of adults hold a bachelor's degree or higher, the median age is 34.6, and the average commute is 27 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Wake County, so 27616 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 →
Top industries in ZIP 27616
Top 5 sectors by establishment count in Raleigh, NC
Which industries have the most business establishments in ZIP 27616.
- Retail trade
Retail trade
241 establishments
- Construction
Construction
158 establishments
- Other services (except public administration)
Other services (except public administration)
121 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
100 establishments
- Health care and social assistance 90
Health care and social assistance
90 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 27616, 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
42,294
Population
57.6
Area (sq mi)
735
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 27616?
34.6
Median Age
48.2%
Male
51.8%
Female
21.0%
Foreign-Born
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?
$83,565
Median Household Income
+21% vs state ZIP avg
$39,743
Per Capita Income
9.9%
Poverty Rate
5.7%
Unemployment Rate
27.4 min
Mean Commute Time
How ZIP 27616 ranks nationally
Raleigh, NC household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$83,565 Top 34% higher than 66% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
25,495housing units
25,495
Total Housing Units
23,949
Occupied Units
1,546
Vacant Units
2.64
Avg Household Size
Occupancy Type
$349,300
Median Home Value
+35% vs state ZIP avg
$1,659
Median Rent
2005
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+5.0%
YoY Change (2024)
262
HPI Index (2000 = 100)
+162%
Total Change Since 2000
Home values in ZIP 27616 have increased 5.0% over the past year (2024). Since 2000, this ZIP has seen +162% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.0% | 162 |
| 2021 | +18.1% | 191 |
| 2022 | +19.9% | 229 |
| 2023 | +9.0% | 250 |
| 2024 | +5.0% | 262 |
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 1,221 business establishments in ZIP 27616, employing approximately 20,031 people with a combined annual payroll of $1,161,671,000.
1,221
Businesses
20,031
Employees
$1.2B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 241 | 19.7% |
| Construction | 158 | 12.9% |
| Other services (except public administration) | 121 | 9.9% |
| Professional, scientific, and technical services | 100 | 8.2% |
| Health care and social assistance | 90 | 7.4% |
| Administrative and support and waste management and remediation services | 87 | 7.1% |
| Accommodation and food services | 84 | 6.9% |
| Real estate and rental and leasing | 70 | 5.7% |
| Wholesale trade | 69 | 5.7% |
| Finance and insurance | 38 | 3.1% |
| Transportation and warehousing | 35 | 2.9% |
| Manufacturing | 33 | 2.7% |
| Information | 30 | 2.5% |
| Management of companies and enterprises | 19 | 1.6% |
| Educational services | 19 | 1.6% |
| Arts, entertainment, and recreation | 17 | 1.4% |
| Utilities | 7 | 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 27616 vs 27604 →
ZIP 27616 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 27610
Raleigh (27610)
65,648 residents
- 27587
Wake Forest (27587)
53,078 residents
- 27616
Raleigh (27616)
42,294 residents
- 27604
Raleigh (27604)
42,204 residents
- 27615
Raleigh (27615)
42,166 residents
- 27609
Raleigh (27609)
32,964 residents
- 27614
Raleigh (27614)
31,516 residents
- 27545 23,006
Knightdale (27545)
23,006 residents
- 27608 10,429
Raleigh (27608)
10,429 residents
What this shows Among its immediate neighbors, ZIP 27616 ranks #3 by population - useful context the national average alone can't give.
ZIP 27616 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 27608
Raleigh (27608)
$162,188 median income
- 27587
Wake Forest (27587)
$133,743 median income
- 27571
Rolesville (27571)
$131,139 median income
- 27614
Raleigh (27614)
$128,834 median income
- 27615
Raleigh (27615)
$112,754 median income
- 27545
Knightdale (27545)
$91,527 median income
- 27616
Raleigh (27616)
$83,565 median income
- 27609
Raleigh (27609)
$83,065 median income
- 27601
Raleigh (27601)
$71,350 median income
What this shows By household income, ZIP 27616 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 27604 | Raleigh, NC | 42,204 | 3.6 mi |
| 27609 | Raleigh, NC | 32,964 | 5.6 mi |
| 27615 | Raleigh, NC | 42,166 | 5.9 mi |
| 27587 | Wake Forest, NC | 53,078 | 7.9 mi |
| 27610 | Raleigh, NC | 65,648 | 8.4 mi |
| 27571 | Rolesville, NC | 3,893 | 5.8 mi |
| 27545 | Knightdale, NC | 23,006 | 6.7 mi |
| 27614 | Raleigh, NC | 31,516 | 7.1 mi |
| 27608 | Raleigh, NC | 10,429 | 7.3 mi |
| 27601 | Raleigh, NC | 9,450 | 8.4 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 27616, 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 (42,294 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Wake County
Related Areas
Frequently Asked Questions
What county is ZIP code 27616 in?
ZIP code 27616 (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 27616?
ZIP code 27616 in Raleigh, NC has a population of 42,294 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 27616?
The median household income in ZIP 27616 is $83,565, which is 10% above the national average of $76,288.
What is the average home value in ZIP 27616?
The median home value in ZIP 27616 is $349,300, which is 26% above the national average of $278,155.
What is the demographic makeup of ZIP 27616?
The largest racial group in ZIP 27616 is African American at 38.2%. Hispanic or Latino residents make up 18.0% of the population.
How many businesses are in ZIP code 27616?
ZIP code 27616 has 1,221 business establishments employing approximately 20,031 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 27616?
The top industries by establishment count in ZIP 27616 are: Retail trade (241), Construction (158), Other services (except public administration) (121). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 27616?
According to the FHFA House Price Index, home values in ZIP 27616 increased by 5.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 162%. 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 27616?
In ZIP code 27616, 64.3% of residents aged 25+ have a high school diploma or higher, and 44.5% 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 27616?
The mean commute time for workers in ZIP code 27616 is 27.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 27616?
In ZIP code 27616, approximately 56.0% of occupied housing units are owner-occupied and 44.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 27616?
The poverty rate in ZIP code 27616 is 9.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 27616's numbers, next.
- See how ZIP 27616 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Raleigh, NC ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.