North Carolina

Montgomery County

ZIP 27247

25,874 residents157 permits TTM$55,849 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$150,300

ACS 5-Year

Cap rate proxy

6.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.2%

HUD FMR ÷ ACS HHI

Net migration

+1.57%

IRS SOI

Permits (TTM)

157

Census BPS

Climate risk

49.0

FEMA NRI (0–100)

ZIP 27247

Median home value

$150,300

Gross yield

7.4%

Cap rate

6.0%

Rent gap

18.6%

Affordability

P/I: 2.7R/I:

Section 8 detail

SAFMR: $925Rent: $753Gap: 22.8%
ZIP code breakdown6 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
27209$154,635$9257.2%5.8%18.6%
27229$139,244$9258.0%6.5%18.6%
27247$150,300county est.$9257.4%6.0%18.6%
27306$198,612$9255.6%4.5%18.6%
27356$137,303$9258.1%6.6%18.6%

Ranked by composite score

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Demographics

Owner-occupied

73.1%

Census ACS

Vacancy rate

32.5%

Census ACS

Bachelor's degree +

19.3%

Census ACS

Rent burdened

24.0%

Census ACS (>30% income)

Median age

43.6

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