Charlotte-Concord-Gastonia, NC-SC · North Carolina
Iredell County
ZIP 28634
191,800 residents1,468 permits TTM$78,678 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$292,300
ACS 5-Year
Cap rate proxy
6.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.0%
HUD FMR ÷ ACS HHI
Net migration
+2.06%
IRS SOI
Permits (TTM)
1,468
Census BPS
Climate risk
80.8
FEMA NRI (0–100)
ZIP 28634
Median home value
$292,300
Gross yield
4.1%
Buy Box score
0.5
Section 8 gap
-14.6%
Affordability
P/I: 3.5R/I: —
Section 8 detail
SAFMR: $1,010Rent: $1,183Gap: -14.6%
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 28678 | — | — | — | 0.9 | — |
| 28677 | — | — | — | 0.9 | — |
| 28660 | — | — | — | 0.8 | — |
| 28625 | $292,300 | $1,110 | 4.6% | 0.8 | -6.2% |
| 28166 | — | — | — | 0.7 | — |
| 28115 | — | — | — | 0.5 | — |
| 28634 | $292,300 | $1,010 | 4.1% | 0.5 | -14.6% |
| 28689 | $292,300 | $1,020 | 4.2% | 0.3 | -13.8% |
| 28117 | — | — | — | 0.1 | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
71.5%
Census ACS
Vacancy rate
9.6%
Census ACS
Bachelor's degree +
33.3%
Census ACS
Rent burdened
37.7%
Census ACS (>30% income)
Median age
40.9
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