Durham-Chapel Hill, NC · North Carolina

Orange County

ZIP 27231

147,292 residents709 permits TTM$88,553 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$428,500

ACS 5-Year

Cap rate proxy

3.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.8%

HUD FMR ÷ ACS HHI

Net migration

+2.48%

IRS SOI

Permits (TTM)

709

Census BPS

Climate risk

79.1

FEMA NRI (0–100)

ZIP 27231

Median home value

Gross yield

Buy Box score

0.9

Section 8 gap

Affordability

P/I: 4.4R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
272430.9
272310.9
275100.5
272780.4
275160.2
275140.1
27599

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Demographics

Owner-occupied

64.2%

Census ACS

Vacancy rate

9.1%

Census ACS

Bachelor's degree +

61.8%

Census ACS

Rent burdened

51.0%

Census ACS (>30% income)

Median age

36.2

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026