McCormick County
ZIP 29848
Median home value
$159,000
ACS 5-Year
Cap rate proxy
5.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.4%
HUD FMR ÷ ACS HHI
Net migration
+0.93%
IRS SOI
Permits (TTM)
112
Census BPS
Climate risk
9.5
FEMA NRI (0–100)
Median home value
$159,000
Gross yield
7.2%
Cap rate
5.0%
Rent gap
30.3%
Affordability
Section 8 detail
Numbers repeat across most ZIPs in this county
ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 29835 | $343,824 | $970 | 3.4% | 2.3% | 31.3% |
| 29840 | $159,000county est. | $956 | 7.2% | 5.0% | 30.3% |
| 29844 | $159,000county est. | $956 | 7.2% | 5.0% | 30.3% |
| 29845 | $159,000county est. | $1,070 | 8.1% | 5.0% | 37.8% |
| 29848 | $159,000county est. | $956 | 7.2% | 5.0% | 30.3% |
Ranked by composite score
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Owner-occupied
83.9%
Census ACS
Vacancy rate
26.2%
Census ACS
Bachelor's degree +
23.1%
Census ACS
Rent burdened
35.2%
Census ACS (>30% income)
Median age
58.7
Census ACS