28027 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Cabarrus County
Centroid: Latitude 35.412, Longitude -80.647
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 28027 has segments in 2 Counties (Cabarrus, Mecklenburg).

Businesses Addresses: 2,304
PO Box Addresses: 590
Residential Addresses: 28,391

Multi-Family Addresses: 2,525
Single Family Addresses: 25,866

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

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Concord, NC 28027 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Concord, NC 28027 Housing Affordability Index is 160 State of North Carolina Housing Affordability Index is 140
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Concord, NC 28027 Wealth Index is 104 State of North Carolina Wealth Index is 84
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

POPULATION
Total Population	74,072 (100%)
Population in Households	73,819 (99.7%)
Population in Families	62,977 (85.0%)
Population in Group Quarters¹	253 ( 0.3%)
Population Density	1,085
Diversity Index²	59

INCOME
Median Household Income	$72,887
Average Household Income	$94,225
Per Capita Income	$34,068
Wealth Index⁴	104

HOUSING
Total Housing Units	28,709 (100%)
Owner Occupied HU	18,284 (63.7%)
Renter Occupied HU	8,494 (29.6%)
Vacant Housing Units	1,931 ( 6.7%)
Median Home Value	$225,018
Housing Affordability Index³	160

HOUSEHOLDS
Total Households	26,778
Average Household Size	2.76
Family Households	19,420
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Concord, NC 28027 - Peer Comparisons by Rank and Percentile

The table below compares 28027 to the other 779 ZIP Codes in North Carolina by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	3.06%	2.27%
Households	2.87%	2.23%
Families	2.78%	2.15%
Median Household Income		2.22%
Per Capita Income		2.29%

Variable Description	Rank	Percentile
Total Population	# 4	100th
Population Density	# 109	86th
Diversity Index	# 225	71st
Median Household Income	# 78	90th
Per Capita Income	# 118	85th

Concord, NC 28027 ZIP Code Profile

ZIP Code 28027: Basic Data & USPS Preferred City Name

Popular Places Near ZIP Code 28027

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Concord, NC 28027 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Concord, NC 28027 - Peer Comparisons by Rank and Percentile

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