Charlotte-Concord-Gastonia, NC-SC · North Carolina

Cabarrus County

ZIP 28075

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 28075

Median home value

$318,600

Gross yield

9.5%

Buy Box score

0.9

Section 8 gap

94.2%

Affordability

P/I: 5.8R/I: 32.5%

Section 8 detail

SAFMR: $2,530Rent: $1,303Gap: 94.2%
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
28083$318,600$1,3305.0%0.92.1%
28075$318,600$2,5309.5%0.994.2%
28025$318,600$1,4405.4%0.810.5%
28081$318,600$1,2504.7%0.7-4.1%
28124$318,600$1,2604.7%0.6-3.3%
28027$318,600$1,6606.3%0.627.4%
28107$318,600$1,3004.9%0.4-0.2%

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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

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