US ZIP Code
27616

Raleigh, NC

Wake County  ·  North Carolina

● Active
👥 61,161 Population ↑ 11% since 2019
💰 $81,534 Median HH Income
≈ Avg ↑ 16% since 2019
🎂 34.9 Median Age ↑ 4% since 2019
🏠 $314,800 Median Home Value
▲ 13% above avg ↑ 55% since 2019
🎓 54.6% College Grads
▲ 41% above avg
📊 6.4% Unemployment
▲ 32% above avg ↑ 4% since 2019
ZIP Code Details
ZIP Code27616
CityRaleigh
StateNorth Carolina (NC)
CountyWake County
Area Code919/984
Elevation186 ft
Latitude35.866514
Longitude-78.541313
TimezoneNew York (DST)
FIPS37183
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 47.9% (29,314) Female 52.1% (31,847) ♀

Race & Ethnicity

White: 31.4%Hispanic: 19.8%Black: 37.6%Asian: 6.7%Other: 3.7%Race
White31.4%
Hispanic19.8%
Black37.6%
Asian6.7%
Other3.7%

Age Breakdown

Under 5
6%
5–17
18%
18–24
9%
25–44
33%
45–64
26%
65+
4%

Key Indicators

Median Age34.9 yrs ↑ 4% since 2019
Avg Household Size2.64
Below Poverty8.9% ▼ 11% below avg
College Grads54.6% ▲ 41% above avg
Unemployment6.4% ▲ 32% above avg
No HS Diploma955 (2.5%)
HS Graduate7,206 (18.7%)
Some College3,745 (9.7%)
Associates5,546 (14.4%)
Bachelors3,663 (9.5%)
Graduate Degree17,332 (45.1%)

Education

No HS: 2.5%HS Grad: 18.7%Some College: 9.7%Associates: 14.4%Bachelors: 9.5%Graduate: 45.1%Edu
No HS2.5%
HS Grad18.7%
Some College9.7%
Associates14.4%
Bachelors9.5%
Graduate45.1%
Housing & Income

Housing Tenure

Owner: 55.7%Renter: 44.3%Tenure
Owner55.7%
Renter44.3%

Home Value Distribution

Under $50k
6%
$50k–100k
1%
$100k–150k
1%
$150k–200k
5%
$200k–300k
31%
$300k–500k
44%
Over $500k
10%

Financials

Median HH Income$81,534 ≈ Avg ↑ 16% since 2019
Median Home Value$314,800 ▲ 13% above avg ↑ 55% since 2019
Home/Income Ratio3.9x (nat avg ~3.5x)
Median Rent$1,514/mo ↑ 34% since 2019
Total Units24,282
Vacant Units1,216
Avg HH Size2.64

Income Distribution

Under $25k
11%
$25k–50k
12%
$50k–75k
21%
$75k–100k
15%
$100k–150k
21%
$150k–200k
10%
Over $200k
10%
Employment & Commute

How People Get to Work

Drove Alone
76%
Public Transit
1%
Walked
0%
Work From Home
23%

Commute Time

Under 15 min
13%
15–30 min
49%
30–45 min
23%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
1%
1960s–1970s
6%
1980s–1990s
29%
2000+
63%

Summary

Total Units24,282
Vacant1,216
Owner Occupied55.7%
Renter Occupied44.3%
Avg HH Size2.64
Frequently Asked Questions
ZIP code 27616 is in Raleigh, NC, in Wake County.
ZIP code 27616 is located in North Carolina (NC).
ZIP code 27616 is in Wake County, NC.
ZIP 27616 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 27616 is 61,161 people (ACS 2023).
The median household income in ZIP code 27616 is $81,534 (ACS 2023).
The median home value in ZIP 27616 is $314,800 (ACS 2023).
About ZIP Code 27616

ZIP code 27616 is located in Raleigh, North Carolina, within Wake County. With a population of 61,161, this is a densely populated ZIP code with a relatively young community — the median age is 34.9 years. Economically, 27616 is a middle-income ZIP code: the median household income of $81,534 is near the national average.

Real estate in ZIP code 27616 represents a mid-range housing market. The median home value of $314,800 is near the national average. Renters can expect to pay around $1,514 per month in median rent. The area has a relatively balanced mix of owners (55.7%) and renters (44.3%). Median home values have increased by 55% since 2019.

The population of 27616 is racially diverse, with Black as the largest group at 37.6%. Residents are well-educated — 54.6% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 8.9%. Household income has grown by 16% since 2019.

The unemployment rate in 27616 stands at 6.4%, which is above the national average. About 20% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 69%.

Overall, ZIP code 27616 in Raleigh, NC is characterized as middle-income, well-educated, and a relatively young community. With 61,161 residents, a median household income of $81,534, and a median home value of $314,800, it offers a clear picture of life in this part of North Carolina.