Area Insights of 27601, Raleigh, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 2%, indicating a strong buyer interest. A total of 58 homes were sold with 13 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

27601, Raleigh, NC

Date

03-19-2023

Price Ratio

101%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

No schools available

Middle School

Moore Square Magnet Middle School

6 to 8

Ratings

C-

Ligon Magnet Middle School

6 to 8

Ratings

C-

High School

Wake Young Men's Leadership Academy

6 to 12

Ratings

A+

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 13% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (9,896)
5,223 Male
4,673 Female
Education
17% High School
5% Associate
30% Bachelor
20% Graduate
Age

Average Age is 30 Years

Household Details

The area's household landscape is diverse, with 28% owner-occupied homes and 72% renter-occupied properties. Family households represent 37% of the population, indicating a strong community focus on family living. The average home value stands at $593,262, which suggests ample demand for multi-bedroom properties.

Total Households
4,811
Average home value
$593,262
Owned
28%
Rented
72%
Vacant
10%
Families
37%
Married
23%
With children
18%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 3% Asian, 39% Black, and 0% Native residents, alongside 48% White and 8% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 39% of households earning over $100,000 annually, while 25% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
10%
Professional
23%
Education
7%
Services
31%
Labor
14%
Retail
6%
Other
7%
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