ZIP 27606 · Raleigh, North Carolina

Population

45,444 people call ZIP 27606 home.

45,444

people.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Rent

Median rent is up 65% since the 2010–2014 survey, before inflation.

$1,432

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

Room to build

The median rent sits inside what local wages can carry.

$1,261–$1,892

is the monthly rent range local workforce wages support.

• $1,432 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

Building

65% of the housing here was built before 2000.

• 65% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 0.5–0.9% to the 22,464 homes here.

117–192

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

Home value

A median home costs 58% more than North Carolina's.

$457,900

median home value in ZIP 27606.

• $457,900 ZIP 27606
• $288,900 North Carolina
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year