ZIP 27516 · Chapel Hill, North Carolina
2026 Edition · 8 cards · data as of Oct 30, 2026
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Population
47,358 people call ZIP 27516 home.
47,358
people.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year
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Rent
Median rent is up 66% since the 2010–2014 survey, before inflation.
$1,564
a month. North Carolina's median is $1,228.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year
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Room to build
The median rent sits inside what local wages can carry.
$1,163–$1,744
is the monthly rent range local workforce wages support.
- $1,564 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
56% of the housing here was built before 2000.
- 56% of all homes were built before 2000
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year
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Units needed
Closing the gap would add 0.3–0.6% to the 18,951 homes here.
58–122
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 96% more than North Carolina's.
$567,200
median home value in ZIP 27516.
- $567,200 ZIP 27516
- $288,900 North Carolina
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year