Raleigh-Cary, NC · North Carolina
Johnston County
226,623 residents3,036 permits TTM$79,838 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$267,600
ACS 5-Year
Cap rate proxy
7.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.1%
HUD FMR ÷ ACS HHI
Net migration
+2.72%
IRS SOI
Permits (TTM)
3,036
Census BPS
Climate risk
85.6
FEMA NRI (0–100)
ZIP code breakdown11 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 27577 | $289,936 | $1,350 | 5.6% | 6.8% | -21.6% |
| 27576 | $269,079 | $1,350 | 6.0% | 6.7% | -11.1% |
| 27520 | $334,323 | $1,630 | 5.9% | 6.4% | -10.1% |
| 27527 | $392,211 | $1,910 | 5.8% | 5.6% | 4.7% |
| 27542 | $263,298 | $1,350 | 6.2% | 4.6% | 25.4% |
| 27555 | $267,600county est. | $1,350 | 6.1% | 4.5% | 25.4% |
| 27568 | $267,600county est. | $1,350 | 6.1% | 4.5% | 25.4% |
| 27593 | $267,600county est. | $1,350 | 6.1% | 4.5% | 25.4% |
| 27569 | $274,282 | $1,350 | 5.9% | 4.4% | 25.4% |
| 27524 | $304,325 | $1,350 | 5.3% | 4.0% | 25.4% |
| 27504 | $315,283 | $1,350 | 5.1% | 3.8% | 25.4% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
77.1%
Census ACS
Vacancy rate
6.8%
Census ACS
Bachelor's degree +
27.6%
Census ACS
Rent burdened
42.1%
Census ACS (>30% income)
Median age
38.3
Census ACS
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