27518 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 27518 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 27518, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

27518 is a zip code in Wake County, North Carolina, which covers Cary, Holly Springs, Swift Creek, and White Oak, with a total population of 19,102 people.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in 27518 is $117,647.00.

The chart below shows the average household income by age in 27518.

• Under 25
  $70,512.00
• 25 to 44
  $101,138.00
• 45 to 64
  $163,036.00
• 65 and over
  $104,148.00

Average Household Income

A very commonly asked question is "what is the average household income in the 27518 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 27518 is $164,932.00.

25.30% of households in the 27518 zip code are classed as high income households (making $200,000+ per year).

Household Income Tiers for 27518

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 27518 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  8.40%
• $25,000 to $49,999
  8.94%
• $50,000 to $74,999
  12.67%
• $75,000 to $99,999
  11.58%
• $100,000 to $149,999
  18.39%
• $150,000 to $199,999
  14.72%
• $200,000 or more
  25.30%

Per Capita Income

The per capita income is the average income of all people in the 27518 zip code. This is calculated by dividing the total income of all people in 27518 by the total number of people in 27518.

It differs from the average or mean household income because it includes all people in 27518 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 27518 zip code is $71,125.00.

Population in 27518 by Race and Ethnicity

The total population in 27518 is currently 19,102 people.

The race and ethnicity of the population in 27518 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 27518 zip code.

• 1.50% White
  282
• 96.60% Black/African American
  18,444
• 75.20% Native
  14,357
• 2.80% Hispanic
  544
• 6.50% Asian
  1,238
• 0.00% Hawaiian/Pacific Islander
  0
• 0.10% Two or more races
  16
• 11.00% Other
  2,098

Population of 27518 by Age and Gender

Another very important demographics statistic for the 27518 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 27518 zip code.

• Master's degree or higher
  31.08%
• Bachelor's degree
  54.13%
• Some college or associate's degree
  4.94%
• High school diploma or equivalent
  8.12%
• Less than high school diploma
  1.72%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 27518 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 27518 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 27518 zip code that are over the age of 16.

The current population in 27518 that are over the age of 16 is 16,236 people.

The unemployment rate in 27518 is 3.70%, which means 395 people are unemployed.

Median Age in 27518

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 27518 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 27518 is 46.7 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 27518

46.7

Total

46.8

Male

46.6

Female

Households and Families

There are a total of 8,098 households in 27518, and the average household size is 2.34 people.

For families, the total number is 5,744, and the average family size is 2.79 people.

3.80% of those families in the 27518 zip code are living below the poverty line.

The table below shows the poverty thresholds for 27518 in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in the 27518 zip code for each type, as well as the average sizes.

Housing Data in 27518

There are total of 9,111 housing units in the 27518 zip code. Of those units, 8,098 (88.88%) are occupied, and 1,013 (11.12%) are vacant.

Rental Rates

Of the 9,111 housing units in 27518, 2,745 (30.13%) are occupied by renters. The median rent paid by renters is $1,471.00.

Owner occupied housing units make up the remaining 58.68% of housing units, with 5,346 housing units in total.

The table below breaks down how much rent is paid by renters in the 27518 zip code.

• No rent paid
  7
• Less than $500
  57
• $500 to $999
  76
• $1,000 to $1,499
  1,351
• $1,500 to $1,999
  1,054
• $2,000 to $2,499
  107
• $2,500 to $2,999
  18
• $3,000 or more
  82

Property Values

The median value of a property in 27518 is $546,200.00.

The table below breaks down the range of valuations for all properties in 27518.

• Less than $50,000
  32
• $50,000 to $99,999
  45
• $100,000 to $149,999
  51
• $150,000 to $199,999
  90
• $200,000 to $299,999
  150
• $300,000 to $499,999
  1,878
• $500,000 to $999,999
  2,802
• $1,000,000 or more
  298

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 27518 zip code.

• 1939 or earlier
  13
• 1940 to 1949
  0
• 1950 to 1959
  11
• 1960 to 1969
  67
• 1970 to 1979
  97
• 1980 to 1989
  1,305
• 1990 to 1999
  4,046
• 2000 to 2009
  1,929
• 2010 to 2013
  1,489
• 2014 or later
  154

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 27518 has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  310
• 1 vehicle available
  2,302
• 2 vehicles available
  3,772
• 3 or more vehicles available
  1,714

Commuting to Work in 27518

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 27518 zip code, how they commute, and how that correlates to other data points.

The average travel time is 24.2 minutes, and the chart below covers the range of travel times across the population of 27518.

• Less than 5 minutes
  135
• 5 to 9 minutes
  500
• 10 to 14 minutes
  1,060
• 15 to 19 minutes
  1,148
• 20 to 24 minutes
  1,554
• 25 to 29 minutes
  825
• 30 to 34 minutes
  1,070
• 35 to 39 minutes
  270
• 40 to 44 minutes
  293
• 45 to 59 minutes
  380
• 60 to 89 minutes
  107
• 90 or more minutes
  123

We can also look at the means of transport in 27518 to see which modes of transport people are using to commute to work.

• Drove alone
  6,730
• Carpooled
  417
• Public transportation
  0
• Walked
  184
• Other means
  134
• Worked from home
  2,521

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 27518 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 27518.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!