27516 ZIP Code – Chapel Hill, North Carolina

27516 is a ZIP code serving Chapel Hill, North Carolina in Orange County with a population of approximately 44,697 residents. Residents earn a median household income of $94,354, which is above the North Carolina average and above the national figure. Homes in this ZIP code have a median value of $468,600, well above the national average, with 70.7% owner-occupied housing (increasing). ; median rent of $1,425 is similarly above the national average. Housing consists of 80% single-family (increasing), 13% apartments (increasing).

Unemployment stands at 7.2%, which is above the U.S. rate. The poverty rate is 15.4%, above the national average. 72.4% of adults hold a bachelor's degree or higher, well above the U.S. average. Residents have a median age of 35.8, below the U.S. median. Nearby ZIP codes include 27510, 27599, 27514.

ZIP Code 27516 Data

Population 44,697
Median Household Income $94,354
Median Home Value $468,600
Median Rent $1,425
Median Age 35.8
Unemployment Rate 7.2%
Poverty Rate 15.4%
Bachelor's Degree or Higher 72.4%
County Orange County

ZIP 27516 vs. North Carolina vs. U.S.

MetricZIP 27516NC Avg.U.S. Avg.
Population44k12k10k
Median Household Income$94k$63k$73k
Median Home Value$468k$213k$258k
Median Rent$1,425$968$1,088
Median Age35.843.343.2
Unemployment Rate7.2%5.2%5.0%
Poverty Rate15.4%15.0%13.3%
Bachelor's Degree or Higher72.4%26.3%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
27510 CARRBORO 14,131 $61,089
27599 CHAPEL HILL Not provided Not provided
27514 CHAPEL HILL 32,149 $97,511
27517 CHAPEL HILL 27,761 $117,757
27340 SAXAPAHAW 40 Not provided