Interested in purchasing investment houses in the 27705 zip code in Durham, NC?
The zip code 27705 is in both Durham and Orange counties with a latitude of -78.980650000000 and longitude of 36.026980000000, is in the state of North Carolina. The average asking price of houses and condos is $266,694.00 and the average sale price was $224,164.00. 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° 1' 37.128" N, 78° 58' 50.34" W. The county F.I.P.S. is 37063. The total land area is 43.9 square miles and the water area is 0.4 square miles. The elevation in this area is 322 - 532 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 27705 is in county number 135 and is L. Sector 49, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 50,048 in 2019 and 46,282 in 2010. Of this, the break down in 2019 was 46,751 urban and 3,296 rural. This further breaks down to 23,770 males (47.5%) and 26,278 females (52.5%). The median age of residents is 32.2 years. The population of the greater Durham, NC area is 504,863. The population density (people per square mile) is 1,141. This zip code has a combined total of 22,418 houses and condos. There are 10,549 rented appartments. 52% of residents rent versus the 52% 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 $69,634 and the average salary is $53,746. The median household income of individuals is $48,355.00 and the average is $88,700.00. This zip code has a mean commute time to work of 21.2 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 51.40% (Under $50,000), 29.70% ($50,000-$100,000), and 18.90% earn over $100,000. 15.1% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 95.4. The educational breakdown is 91.3% have a high school education or higher, 58.8% have a bachelor's degree or higher, and 31.0% have some kind of profesional degree.
This area has 18,836 households and the average size is 2.2 people. Individuals who are single and have never been married are 47.2%, 37.6% are now married, 1.6% are separated, 4.8% are widowed, and 8.8% are divorced. The average yearly contribution amount given by people to charity was $6,099 versus the state average of $4,687. The percent of residents who gave to charity was 32.9%.
The estimated median value of houses and condos is $297,225. The median monthly owner costs of mortgage holders was $1,567, where as the costs for those who don't have a mortgage are $532. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 3.6.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $3,151. 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 1.1% which amounted to an average tax amount of $3,318. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $2,873. Reported taxable interest for persons was $1,787, dividends $9,872, capital gains +$19,887, and itemized deductions $27,867. The average earned income tax credit is $2,156. The percent of individuals that use a tax preparer is 46.8%. The total average income taxes paid by individuals was $11,340. Businesses reported an average profit of $15,242.
Pomodoro Italian Kitchen
1811 Hillandale Rd, Durham, NC 27705
Pad Thai
2425 Guess Rd, Durham, NC 27705
Thai Spoon
3808 Guess Rd, Durham, NC 27705
Tokyo Express
3225 Guess Rd, Durham, NC 27705
Texas Roadhouse
1809 N Pointe Dr, Durham, NC 27705
Hog Heaven Bar-B-Q
2419 Guess Rd, Durham, NC 27705
Bullock's Bar B Cue Inc
3330 Quebec Dr, Durham, NC 27705
The Loop Restaurant
1116 Broad St, Durham, NC 27705
Bennett Pointe Grill
4625 Hillsborough Rd, Durham, NC 27705
Costa Azul
2721 Guess Rd, Durham, NC 27705
Blue Corn Cafe
716 9th St, Durham, NC 27705
Hong Kong Chinese Restaurant
3003 Guess Rd, Durham, NC 27705
Golden China
1515 N Pointe Dr Ste 110, Durham, NC 27705
Melo Trattoria
1821 Hillandale Rd, Durham, NC 27705
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