US ZIP Code
27587

Wake Forest, NC

Wake County  ·  North Carolina

● Active
👥 81,902 Population ↑ 20% since 2019
💰 $125,607 Median HH Income
▲ 65% above avg ↑ 30% since 2019
🎂 40.8 Median Age ↑ 4% since 2019
🏠 $452,400 Median Home Value
▲ 62% above avg ↑ 46% since 2019
🎓 66.7% College Grads
▲ 72% above avg
📊 3.9% Unemployment
▼ 21% below avg ↓ 6% since 2019
ZIP Code Details
ZIP Code27587
CityWake Forest
StateNorth Carolina (NC)
CountyWake County
Area Code919/984
Elevation330 ft
Latitude35.980838
Longitude-78.55105
TimezoneNew York (DST)
FIPS37183
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.5% (39,731) Female 51.5% (42,171) ♀

Race & Ethnicity

White: 69.4%Hispanic: 7.6%Black: 16%Asian: 2.4%Other: 3.9%Race
White69.4%
Hispanic7.6%
Black16.0%
Asian2.4%
Other3.9%

Age Breakdown

Under 5
6%
5–17
20%
18–24
6%
25–44
25%
45–64
29%
65+
6%

Key Indicators

Median Age40.8 yrs ↑ 4% since 2019
Avg Household Size2.77
Below Poverty4.3% ▼ 57% below avg
College Grads66.7% ▲ 72% above avg
Unemployment3.9% ▼ 21% below avg
No HS Diploma338 (0.6%)
HS Graduate7,013 (13.2%)
Some College4,455 (8.4%)
Associates5,830 (11%)
Bachelors5,118 (9.7%)
Graduate Degree30,224 (57.1%)

Education

No HS: 0.6%HS Grad: 13.2%Some College: 8.4%Associates: 11%Bachelors: 9.7%Graduate: 57.1%Edu
No HS0.6%
HS Grad13.2%
Some College8.4%
Associates11.0%
Bachelors9.7%
Graduate57.1%
Housing & Income

Housing Tenure

Owner: 81.1%Renter: 19%Tenure
Owner81.1%
Renter19.0%

Home Value Distribution

Under $50k
2%
$50k–100k
1%
$100k–150k
1%
$150k–200k
3%
$200k–300k
12%
$300k–500k
40%
Over $500k
39%

Financials

Median HH Income$125,607 ▲ 65% above avg ↑ 30% since 2019
Median Home Value$452,400 ▲ 62% above avg ↑ 46% since 2019
Home/Income Ratio3.6x (nat avg ~3.5x)
Median Rent$1,415/mo ↑ 26% since 2019
Total Units30,571
Vacant Units1,372
Avg HH Size2.77

Income Distribution

Under $25k
8%
$25k–50k
7%
$50k–75k
13%
$75k–100k
10%
$100k–150k
19%
$150k–200k
16%
Over $200k
27%
Employment & Commute

How People Get to Work

Drove Alone
71%
Public Transit
0%
Walked
1%
Work From Home
29%

Commute Time

Under 15 min
17%
15–30 min
28%
30–45 min
31%
Over 45 min
24%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
2%
1960s–1970s
6%
1980s–1990s
25%
2000+
67%

Summary

Total Units30,571
Vacant1,372
Owner Occupied81.1%
Renter Occupied19.0%
Avg HH Size2.77
Frequently Asked Questions
ZIP code 27587 is in Wake Forest, NC, in Wake County.
ZIP code 27587 is located in North Carolina (NC).
ZIP code 27587 is in Wake County, NC.
ZIP 27587 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 27587 is 81,902 people (ACS 2023).
The median household income in ZIP code 27587 is $125,607 (ACS 2023).
The median home value in ZIP 27587 is $452,400 (ACS 2023).
About ZIP Code 27587

ZIP code 27587 is located in Wake Forest, North Carolina, within Wake County. With a population of 81,902, this is a densely populated ZIP code with a middle-aged community — the median age is 40.8 years. Economically, 27587 is a upper-middle-income ZIP code: the median household income of $125,607 is significantly above the national average.

Real estate in ZIP code 27587 represents a premium housing market. The median home value of $452,400 is significantly above the national average. Renters can expect to pay around $1,415 per month in median rent. Homeownership is strong here — 81.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 46% since 2019.

The population of 27587 is majority White (69.44%). Residents are highly educated — 66.7% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 4.3%. Household income has grown by 30% since 2019.

The unemployment rate in 27587 stands at 3.9%, which is below the national average. A notably high share of workers — 27% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 66%.

Overall, ZIP code 27587 in Wake Forest, NC is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 81,902 residents, a median household income of $125,607, and a median home value of $452,400, it offers a clear picture of life in this part of North Carolina.