Wilmington, NC · North Carolina
New Hanover County
ZIP 28428
231,214 residents2,307 permits TTM$72,892 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$353,700
ACS 5-Year
Cap rate proxy
4.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
22.1%
HUD FMR ÷ ACS HHI
Net migration
+2.44%
IRS SOI
Permits (TTM)
2,307
Census BPS
Climate risk
96.1
FEMA NRI (0–100)
ZIP 28428
Median home value
—
Gross yield
—
Buy Box score
0.2
Section 8 gap
—
Affordability
P/I: 8.1R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown10 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 28429 | — | — | — | 0.9 | — |
| 28401 | — | — | — | 0.8 | — |
| 28405 | — | — | — | 0.6 | — |
| 28403 | — | — | — | 0.5 | — |
| 28412 | — | — | — | 0.4 | — |
| 28411 | — | — | — | 0.4 | — |
| 28409 | — | — | — | 0.3 | — |
| 28428 | — | — | — | 0.2 | — |
| 28449 | — | — | — | 0.1 | — |
| 28480 | — | — | — | 0.0 | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
60.7%
Census ACS
Vacancy rate
12.7%
Census ACS
Bachelor's degree +
44.8%
Census ACS
Rent burdened
49.9%
Census ACS (>30% income)
Median age
40.1
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