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These days, finding an affordable place to live in the 27016 area can be challenging. Home prices in 27016 are now at a median cost of $117,159, lower than the North Carolina average of $226,477.
The average cost of rent is $683/mo in 27016, primarily driven by the current value of real estate in the 27016 area. While nearly 48.89% of residents own their homes outright in 27016, 23.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in 27016 is $4,000 per month. Households that rent pay about 17.07% of their income on rent here. 27016's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 27022, NC: equally priced homes
- 27046, NC: equally priced homes
- 27053, NC: higher priced homes
- 27052, NC: higher priced homes
- 27042, NC: higher priced homes
- 27027, NC: less expensive homes
- 27025, NC: equally priced homes
- 24165, VA: equally priced homes
- 27043, NC: higher priced homes
- 27041, NC: higher priced homes
Zip Codes with Similar Populations
- 04983, ME: higher priced homes
- 99674, AK: higher priced homes
- 92561, CA: higher priced homes
- 92273, CA: higher priced homes
- 92257, CA: higher priced homes
- 87326, NM: less expensive homes
- 83452, ID: higher priced homes
- 28455, NC: less expensive homes
- 21005, MD: higher priced homes
- 16313, PA: less expensive homes
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