Charlotte-Concord-Gastonia, NC-SC · North Carolina
Iredell County
ZIP 28660
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 28660
Median home value
—
Gross yield
—
Buy Box score
0.8
Section 8 gap
42.5%
Affordability
P/I: 4.4R/I: —
Section 8 detail
SAFMR: $1,686Rent: $1,183Gap: 42.5%
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 28625 | $302,443 | $1,110 | 4.4% | 7.7% | -74.6% |
| 28677 | — | — | — | 6.7% | 8.5% |
| 28166 | — | — | — | 6.2% | -18.0% |
| 28115 | — | — | — | 5.6% | -101.3% |
| 28678 | — | — | — | 5.3% | 29.8% |
| 28634 | $279,238 | $1,010 | 4.3% | 5.1% | -17.1% |
| 28689 | $338,744 | $1,020 | 3.6% | 4.2% | -16.0% |
| 28660 | — | — | — | 4.1% | 29.8% |
| 28117 | — | — | — | 3.1% | -20.1% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
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
