Charlotte-Concord-Gastonia, NC-SC · North Carolina
Cabarrus County
ZIP 28027
231,262 residents1,990 permits TTM$86,084 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$318,600
ACS 5-Year
Cap rate proxy
6.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.2%
HUD FMR ÷ ACS HHI
Net migration
+2.80%
IRS SOI
Permits (TTM)
1,990
Census BPS
Climate risk
87.1
FEMA NRI (0–100)
ZIP 28027
Median home value
$409,848
Gross yield
4.9%
Buy Box score
0.6
Section 8 gap
27.4%
Affordability
P/I: 4.8R/I: 23.2%
Section 8 detail
SAFMR: $1,660Rent: $1,303Gap: 27.4%
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 28083 | $263,534 | $1,330 | 6.1% | 7.8% | -28.9% |
| 28025 | $339,123 | $1,440 | 5.1% | 6.5% | -27.6% |
| 28081 | $293,014 | $1,250 | 5.1% | 6.3% | -23.0% |
| 28075 | $496,661 | $2,530 | 6.1% | 5.6% | 7.9% |
| 28107 | $424,914 | $1,300 | 3.7% | 5.4% | -46.3% |
| 28027 | $409,848 | $1,660 | 4.9% | 4.9% | -0.3% |
| 28124 | $368,865 | $1,260 | 4.1% | 4.2% | -3.4% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
72.1%
Census ACS
Vacancy rate
12.0%
Census ACS
Bachelor's degree +
37.7%
Census ACS
Rent burdened
47.6%
Census ACS (>30% income)
Median age
37.7
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