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
- $83,565
- Median income
- $349,300
- Median home value
- 44.5%
- Bachelor's or higher
The verdict
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.
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 North Carolina average), while per-capita income is $39,743. 9.9% of residents live below the poverty line, and the unemployment rate reads 5.7%. The typical home here is valued at $349,300 (35% above the state average); renters pay a median of $1,659 monthly, and 56.0% of units 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. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 27616, plus 6 more within Wake County, give a clearer read than the national average alone.
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
$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?
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
$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 |
More ZIP Codes in Wake County
Related Areas
Frequently Asked Questions
What county is ZIP code 27616 in? ▼
What is the population of ZIP code 27616? ▼
What is the median household income in ZIP 27616? ▼
What is the average home value in ZIP 27616? ▼
What is the demographic makeup of ZIP 27616? ▼
How many businesses are in ZIP code 27616? ▼
What are the main industries in ZIP code 27616? ▼
How have home values changed in ZIP code 27616? ▼
What is the education level in ZIP code 27616? ▼
What is the average commute time in ZIP 27616? ▼
What percentage of residents own vs. rent in ZIP 27616? ▼
What is the poverty rate in ZIP code 27616? ▼
Read our methodology to see how this data is sourced, computed, and verified.