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Demographics
Population
Median Income
Racial Distributions
Zip code 27604 in Raleigh, North Carolina, transitioned from a White Plurality area to a Majority-Minority area between 2013 and 2022. As of 2022, the largest racial group is White at 39%, followed by Black at 32%, and Hispanic at 18%. The median income for this zip code in 2022 was $71,255, showing a significant increase over the past decade.
Over the past decade, this zip code has undergone a notable demographic transition. In 2013, the area had a White Plurality with 42% of the population, followed by Black residents at 35%. By 2022, the combined minority populations exceeded 60% of the total. The White population percentage declined from 42% in 2013 to 39% in 2022, while the Black population percentage decreased slightly from 35% to 32%. The Asian population increased from 2% in 2013 to 7% in 2022, and the "Two or More Races" category grew from 1% to 4%.
The demographic changes coincided with substantial economic growth. The median income rose from $55,935 in 2013 to $71,255 in 2022, an increase of about 27% over the decade. This growth outpaced inflation for the same period, suggesting real economic gains for residents. The population of the zip code grew steadily from 2013 to 2019, peaking at 46,655, but has since declined to 44,069 in 2022.
The trends observed in this Raleigh zip code align with broader national patterns of increasing diversity in urban areas. Many U.S. cities have seen similar shifts towards "Majority-Minority" status over the past decade. The significant increase in the Asian population and those identifying as two or more races is consistent with national trends.
The economic growth in this zip code appears stronger than the national average, which could be attributed to Raleigh's status as part of the Research Triangle, a region known for its technology and research sectors. This economic vitality may be a driving factor in attracting a more diverse population to the area.
The recent population decline, despite rising incomes, could be indicative of broader urban trends seen in many U.S. cities post-2020, potentially influenced by factors such as the COVID-19 pandemic and changing work-from-home policies.
Zip code 27604 in Raleigh has evolved into a more diverse, economically prosperous area over the past decade. Its transition to a "Majority-Minority" community with rising incomes reflects both local economic strengths and broader national demographic shifts. The area's future development will likely continue to be shaped by these intertwining factors of diversity and economic opportunity.