Interested in purchasing investment houses in the 27707 zip code in Durham, NC?
The zip code 27707 is in both Durham and Orange counties with a latitude of -78.954840000000 and longitude of 35.954760000000, is in the state of North Carolina. The average asking price of houses and condos is $277,453.00 and the average sale price was $201,391.00. 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 35° 57' 17.136" N, 78° 57' 17.424" W. The county F.I.P.S. is 37063. This zip code contains two cities including Durham, NC (85.39%), and Chapel Hill, NC (1.63%) The total land area is 21.3 square miles and the water area is 0.1 square miles. The elevation in this area is 282 - 390 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 27707 is in county number 135 and is L. Sector 95, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 51,974 in 2019 and 45,023 in 2010. This further breaks down to 24,850 males (47.8%) and 27,124 females (52.2%). The median age of residents is 32.9 years. The population of the greater Durham, NC area is 504,863. The population density (people per square mile) is 2,443. This zip code has a combined total of 22,532 houses and condos. There are 11,175 rented appartments. 54% of residents rent versus the 54% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $65,452 and the average salary is $50,702. The median household income of individuals is $53,293.00 and the average is $78,000.00. This zip code has a mean commute time to work of 22.4 minutes. The unemployment rate is 3.9%. Income earners by percent breakdown as 46.80% (Under $50,000), 30.60% ($50,000-$100,000), and 22.60% earn over $100,000. 16.2% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 95.0. The educational breakdown is 87.7% have a high school education or higher, 52.8% have a bachelor's degree or higher, and 28.3% have some kind of profesional degree.
This area has 18,489 households and the average size is 2.4 people. Individuals who are single and have never been married are 44.3%, 38.3% are now married, 3.1% are separated, 4.0% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $5,698 versus the state average of $4,687. The percent of residents who gave to charity was 27.9%.
The estimated median value of houses and condos is $272,235. The median monthly owner costs of mortgage holders was $1,600, where as the costs for those who don't have a mortgage are $512. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,911. 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 $2,975. 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 $2,732. Reported taxable interest for persons was $1,855, dividends $9,041, capital gains +$34,864, and itemized deductions $27,610. The average earned income tax credit is $2,443. The percent of individuals that use a tax preparer is 46.2%. The total average income taxes paid by individuals was $12,690. Businesses reported an average profit of $15,722.
Mayflower Xvi Seafood Restaurant
3742 Durham Chapel Hill Blvd, Durham, NC 27707
Guglhupf Bakery & Patisserie
2706 Durham Chapel Hill Blvd, Durham, NC 27707
The Original Q Shack
2510 University Dr, Durham, NC 27707
Nana's Restaurant
2514 University Dr Ste 104, Durham, NC 27707
Pulcinella's Italian Restaurant
4711 Hope Valley Rd, Ste 1e, Durham, NC 27707