Interested in purchasing investment houses in the 27704 zip code in Durham, NC?
The zip code 27704 is in both Durham and Granville counties with a latitude of -78.830400000000 and longitude of 36.041730000000, is in the state of North Carolina. The average asking price of houses and condos is $127,017.00 and the average sale price was $107,328.00. this regions is classified as the Raleigh - Durham - Fayetteville metro area and consists of the following area codes: 919 and 984. The location in degrees is 36° 2' 30.228" N, 78° 49' 49.44" W. The county F.I.P.S. is 37063. This zip code contains two cities including Durham, NC (30.02%), and Gorman, NC (6.46%) The total land area is 40.3 square miles and the water area is 5.1 square miles. The elevation in this area is 279 - 358 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 27704 is in county number 063 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 40,832 in 2019 and 34,517 in 2010. Of this, the break down in 2019 was 35,363 urban and 5,468 rural. This further breaks down to 18,755 males (45.9%) and 22,077 females (54.1%). The median age of residents is 35.0 years. The population of the greater Durham, NC area is 504,863. The population density (people per square mile) is 1,013. This zip code has a combined total of 16,617 houses and condos. There are 6,826 rented appartments. 44% of residents rent versus the 44% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $35,879 and the average salary is $33,740. The median household income of individuals is $48,579.00 and the average is $41,570.00. This zip code has a mean commute time to work of 24.7 minutes. The unemployment rate is 4.5%. Income earners by percent breakdown as 51.60% (Under $50,000), 37.10% ($50,000-$100,000), and 11.30% earn over $100,000. 18.6% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 93.0. The educational breakdown is 81.8% have a high school education or higher, 30.3% have a bachelor's degree or higher, and 10.6% have some kind of profesional degree.
This area has 13,216 households and the average size is 2.6 people. Individuals who are single and have never been married are 41.2%, 39.1% are now married, 2.7% are separated, 5.8% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $3,707 versus the state average of $4,687. The percent of residents who gave to charity was 23.9%.
The estimated median value of houses and condos is $172,718. The median monthly owner costs of mortgage holders was $1,199, where as the costs for those who don't have a mortgage are $394. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,787. 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 1.0% which amounted to an average tax amount of $1,873. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,509. Reported taxable interest for persons was $668, dividends $2,384, capital gains +$2,480, and itemized deductions $17,181. The average earned income tax credit is $2,513. The percent of individuals that use a tax preparer is 45.5%. The total average income taxes paid by individuals was $5,382. Businesses reported an average profit of $5,403.
Koumi Japanese Restaurant
3550 N Roxboro St, Durham, NC 27704
Devine's Grill and Sports Bar
904 W Main St, Durham, NC 27704
Pelican's SnoBalls
3217 N Roxboro St, Durham, NC 27704
HWY 55 Burgers Shakes and Fries
1517 Glenn School Rd, Durham, NC 27704
Bamboo House Chinese Restaurant
3600 N Duke St Ste 4, Durham, NC 27704
Chopstix Chinese Restaurant
2000 Avondale Dr Ste B, Durham, NC 27704
China Star
5128 N Roxboro St, Durham, NC 27704
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