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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 27518 zip code in Cary, NC?
Detailed Demographic Statistics
The zip code 27518 is in Wake county, is in the state of North Carolina. This zip code contains two cities including Cary, NC (90.66%), and Raleigh, NC (0.54%) The total land area is 9.6 square miles and the water area is 0.2 square miles.
The zip 27518 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 20,321 in 2019. This further breaks down to 9,863 males (48.5%) and 10,457 females (51.5%). The median age of residents is 45.6 years. The population density (people per square mile) is 2,112. This zip code has a combined total of 8,883 houses and condos. There are 2,722 rented appartments. 32% of residents rent versus the 32% of residents in the state who rent.
The average individual gross adjusted income is $142,460 and the average salary is $106,179. The estimated median household income of individuals is around $111,593. This zip code has a mean commute time to work of 24.2 minutes. The unemployment rate is 3.0%. 2.7% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 84.0. The educational breakdown is 100.2% have a high school education or higher, 75.7% have a bachelor's degree or higher, and 34.5% have some kind of profesional degree.
The average size of households is 2.4 people. Individuals who are single and have never been married are 23.6%, 64.8% are now married, 1.2% are separated, 4.1% are widowed, and 6.3% are divorced. The average yearly contribution amount given by people to charity was $6,851 versus the state average of $4,687. The percent of residents who gave to charity was 50.0%.
The estimated median value of houses and condos is $454,462. The median monthly owner costs of mortgage holders was $2,233, where as the costs for those who don't have a mortgage are $645. The median number of rooms in houses and condos are 10.0 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $3,898. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,493. The median housing property tax percent for residents with mortgages was 0.8% which amounted to an average tax amount of $3,888. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $3,937. Reported taxable interest for persons was $2,510, dividends $8,554, capital gains +$35,732, and itemized deductions $37,638. The average earned income tax credit is $1,710. The percent of individuals that use a tax preparer is 44.1%. The total average income taxes paid by individuals was $18,744. Businesses reported an average profit of $22,176.Local Restaurants
Genki Restaurant & Sushi Bar
3420 Ten Ten Rd, Cary, NC 27518
Lucky 32 Southern Kitchen
7307 Tryon Rd, Cary, NC 27518
O'Charley's
101 Ashville Ave, Cary, NC 27518
Chef's Palette
3460 Ten Ten Rd, Cary, NC 27518
Blue Note LP Restaurant
2425 Kildaire Farm Rd, Cary, NC 27518
Ruby Tuesday
131 Crossroads Blvd, Cary, NC 27518
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
