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
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
28625$302,443$1,1104.4%7.7%-74.6%
286776.7%8.5%
281666.2%-18.0%
281155.6%-101.3%
286785.3%29.8%
28634$279,238$1,0104.3%5.1%-17.1%
28689$338,744$1,0203.6%4.2%-16.0%
286604.1%29.8%
281173.1%-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

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