27712, Durham, NC

Durham, NC is a city located in the central region of North Carolina. The city has a population of over 277,000 and covers an area of approximately 210 square miles. The zip code 27712 has a population of over 27,000 and covers an area of approximately 10 square miles.

The median home value in the 27712 zip code is $146,500 which is significantly higher than the national median home value of $157,600. Additionally, the median home value in the 27712 zip code is significantly higher than Durham's median household income which is $51,814. This indicates that there are a significant number of households in the 27712 zip code that are able to afford to purchase a home at or above market prices.

The percentage of households in the 27712 zip code that own their homes outright (without any mortgage) is 79%, which is significantly higher than Durham's statewide homeownership rate of 63%. Additionally, the percentage of households in the 27712 zip code that have mortgages at either a fixed or variable rate is 16%, which is lower than Durham's statewide mortgage rate of 23%. This indicates that there are a significant number of households in the27712 zip code that are able to afford to purchase their homes with either fixed or variable-rate mortgages.