27403 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 27403, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

27403 is a zip code in Guilford County, North Carolina, which covers Morehead, with a total population of 19,556 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 27403 zip code. The most basic data is the total population, which is the total number of people living in 27403.

The estimated population of people living in 27403 is 19,556, with a median age of 31.4.

We can look back at data from previous years to see how the population in the 27403 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
19,556
 -16.46% -12.76%
2020
23,410
+2.37%
-
2019
22,867
+1.32%
-
2018
22,569
+0.68%
-
2017
22,417
 - -

Population of 27403 by Race and Ethnicity

How much has the race and ethnicity of the population in the 27403 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
54.9%
61.5%
 -10.73%
Black/African American
26.3%
25.5%
 +3.14%
Native
0.5%
0.7%
 -28.57%
Hispanic
10.9%
5.8%
 +87.93%
Asian
4.5%
4.4%
 +2.27%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
2.6%
1.9%
 +36.84%
Other
0.2%
0.2%
 0.00%

This data can be very important for anybody studying the 27403 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 27403 by Age and Gender

We can also monitor the change of the age and gender in the 27403 zip code to track track trends in the population over time.

We can see how the population in 27403 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 31.4 +19.39% 30.3 +10.58% 33.4 +34.68%
2020 26.3 +0.38% 27.4 -1.08% 24.8 +0.4%
2019 26.2 +1.95% 27.7 +3.36% 24.7 0%
2018 25.7 -4.46% 26.8 -1.11% 24.7 -7.84%
2017 26.9 - 27.1 - 26.8 -

The median age of the 27403 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 27403 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 816 1.23% 811 -9.09% 816 729
10 to 19 1,768 -25% 2,435 -32% 1,240 1,216
20 to 29 3,124 -6.58% 3,626 -41.19% 2,884 2,262
30 to 39 979 +37.3% 1,110 +38.95% 1,395 1,581
40 to 49 1,133 +4.83% 1,109 -9.41% 1,176 996
50 to 59 1,055 +4.61% 1,148 -13.28% 1,090 959
60 to 69 949 -17.03% 1,005 -5.44% 796 947
70+ 458 +36.8% 891 -3.88% 634 835

Median Household Income

The latest median household income for the 27403 zip code is $54,240.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 27403.

  • Under 25
    $22,917.00
  • 25 to 44
    $59,955.00
  • 45 to 64
    $65,828.00
  • 65 and over
    $51,360.00

Average Household Income

Whenever we ask what is the average household income in the 27403 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 27403, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 27403 is currently $70,260.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

4.58% of households in 27403 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 27403 against other zip codes.

  • Less than $24,999
    23.20%
  • $25,000 to $49,999
    23.93%
  • $50,000 to $74,999
    20.06%
  • $75,000 to $99,999
    11.64%
  • $100,000 to $149,999
    11.99%
  • $150,000 to $199,999
    4.59%
  • $200,000 or more
    4.58%

Per Capita Income

The per capita income in 27403 is $29,493.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 27403 by the total population of 27403.

This is different from the average or mean income because it includes and accounts for all people living in the 27403 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 27403 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    23.66%
  • Bachelor's degree
    43.63%
  • Some college or associate's degree
    6.34%
  • High school diploma or equivalent
    23.67%
  • Less than high school diploma
    2.70%

Employment

Employment rates are all based around the total population in 27403 that are over the age of 16.

Currently, the total population of the 27403 zip over the age of 16 is 16,917.

Of those people, a total of 68.90% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 27403 is 65.30%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 27403 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 1,362 32.80% 10.70%
20 to 24 years 3,436 70.50% 4.30%
25 to 29 years 1,710 87.40% 6.00%
30 to 34 years 1,476 93.70% 4.00%
35 to 44 years 2,577 90.10% 2.90%
45 to 54 years 2,139 80.90% 5.30%
55 to 59 years 1,005 75.70% 5.40%
60 to 64 years 880 61.30% 12.40%
65 to 74 years 1,510 31.70% 2.50%
75 years and over 822 8.80% 45.80%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 27403. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 10,084 68.80% 3.90%
Black or African American 4,434 67.70% 9.10%
American Indian and Alaska Native 94 68.10% 0.00%
Asian 749 61.80% 5.60%
Native Hawaiian and Other Pacific Islander 5 0.00% 0.00%
Other 615 69.10% 0.00%
Two or more races 936 81.30% 5.30%
Hispanic or Latino 1,519 70.60% 2.20%
Not Hispanic or Latino 9,726 68.90% 3.70%

Occupations

In this section we can look at the most common occupations for people living in the 27403 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 27403 is 11,044, with median earnings of $29,877.00.

Women in 27403 are earning approximately 99.30% of the men's earnings.

Population Earnings
Total 11,044 $29,877.00
Male 6,040 $30,000.00
Female 5,004 $29,803.00

Occupations by Category

In the table below, we can break down the population and earnings for 27403 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 1,022 $51,047.00
Business and Financial 523 $47,969.00
Computer and Mathematical 351 $44,784.00
Architecture and Engineering 107 $58,036.00
Life, Physical, and Social Science 83 $50,268.00
Community and Social Service 232 $40,029.00
Legal 97 $58,958.00
Educational and Library 1,128 $43,542.00
Arts, Design, Entertainment, Sports, and Media 376 $32,917.00
Healthcare Practitioners 618 $50,677.00
Healthcare Support 198 $21,042.00
Firefighters and Protective Service 95 $9,556.00
Law Enforcement 12 $0.00
Food Preparation and Serving 911 $19,293.00
Building and Grounds Cleaning 172 $21,543.00
Personal Care and Service 364 $12,946.00
Sales 1,490 $22,981.00
Office and Administrative Support 1,010 $32,667.00
Farming, Fishing, and Forestry 66 $7,000.00
Construction and Extraction 494 $19,909.00
Installation, Maintenance, and Repair 302 $35,865.00
Production 480 $30,658.00
Transportation and Material Moving 245 $29,517.00

Occupations by Gender

Now we can also look at the occupations by category for 27403 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 27403.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 464 $54,844.00 558 $37,428.00
Business and Financial 278 $44,211.00 245 $49,844.00
Computer and Mathematical 312 $52,500.00 39 $12,083.00
Architecture and Engineering 90 $41,528.00 17 $0.00
Life, Physical, and Social Science 42 $85,667.00 41 $8,482.00
Community and Social Service 111 $41,268.00 121 $30,368.00
Legal 68 $49,919.00 29 $101,406.00
Educational and Library 455 $49,158.00 673 $41,589.00
Arts, Design, Entertainment, Sports, and Media 230 $42,803.00 146 $21,111.00
Healthcare Practitioners 147 $56,250.00 471 $50,027.00
Healthcare Support 47 $0.00 151 $28,977.00
Firefighters and Protective Service 81 $28,750.00 14 $0.00
Law Enforcement 12 $0.00 0 $0.00
Food Preparation and Serving 369 $18,018.00 542 $20,885.00
Building and Grounds Cleaning 132 $21,373.00 40 $27,619.00
Personal Care and Service 90 $7,188.00 274 $13,864.00
Sales 893 $40,177.00 597 $18,107.00
Office and Administrative Support 240 $32,840.00 770 $31,250.00
Farming, Fishing, and Forestry 66 $7,000.00 0 $0.00
Construction and Extraction 456 $20,445.00 38 $4,083.00
Installation, Maintenance, and Repair 302 $35,865.00 0 $0.00
Production 382 $35,208.00 98 $19,167.00
Transportation and Material Moving 139 $32,614.00 106 $14,773.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 7,815 households in 27403, with an average household size of 2.34 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 3,976 families living in the 27403 zip code with an average family size of 2.93 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 27403:

Married Male Female Nonfamily
Total Households 2,715 281 980 3,839
Average Household Size 2.98 3.1 3.23 1.6
Total Families 2,715 281 980 0
Average Household Size 2.93 3.01 2.89 0

Poverty

Of the 3,976 families living in 27403, 10.70% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 27403:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 9,022 housing units in 27403.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 7,815 86.62%
Vacant 1,207 13.38%

39.46% of the total 9,022 housing units in 27403 are rental units. This is approximately 3,560 properties.

For owner-occupied housing units, a total of 4,138 are occupied by the owner - or 45.87% of the total.

Rental Rates

The median rent for a property in 27403 is $954.00.

In the chart below, we can look at the number of rental properties in 27403 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    117
  • Less than $500
    121
  • $500 to $999
    1,818
  • $1,000 to $1,499
    1,184
  • $1,500 to $1,999
    305
  • $2,000 to $2,499
    88
  • $2,500 to $2,999
    44
  • $3,000 or more
    0

Property Value

The median value of a property in 27403 is $179,500.00.

Just like with rental rates, we can look at the number of properties in 27403 that fall into a particular value range.

  • Less than $50,000
    200
  • $50,000 to $99,999
    980
  • $100,000 to $149,999
    494
  • $150,000 to $199,999
    553
  • $200,000 to $299,999
    821
  • $300,000 to $499,999
    899
  • $500,000 to $999,999
    191
  • $1,000,000 or more
    0

Property Age

We can also look at the age of properties in 27403. The chart below shows the number of properties in 27403 that fall into a particular age range.

  • 1939 or earlier
    1,903
  • 1940 to 1949
    1,167
  • 1950 to 1959
    2,006
  • 1960 to 1969
    946
  • 1970 to 1979
    791
  • 1980 to 1989
    484
  • 1990 to 1999
    524
  • 2000 to 2009
    531
  • 2010 to 2013
    670
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 27403 that have a particular number of vehicles available.

  • No vehicles available
    586
  • 1 vehicle available
    2,786
  • 2 vehicles available
    3,271
  • 3 or more vehicles available
    1,172

Commuting to Work

In this section, we can also look at how people in 27403 get to work. The chart below shows the number of people in 27403 that commute to work in a particular way.

17.4 minutes is the average travel time to work for people in 27403.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    634
  • 5 to 9 minutes
    1,731
  • 10 to 14 minutes
    2,369
  • 15 to 19 minutes
    2,154
  • 20 to 24 minutes
    1,060
  • 25 to 29 minutes
    410
  • 30 to 34 minutes
    586
  • 35 to 39 minutes
    216
  • 40 to 44 minutes
    91
  • 45 to 59 minutes
    126
  • 60 to 89 minutes
    297
  • 90 or more minutes
    139

Summary

We've covered a LOT of demographic and population data for 27403 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 27403

If you want to see how the population and demographics of 27403 compare to other zip codes in North Carolina, check out the list of all North Carolina zip codes below: