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Burlington city, NC

ZIP 27215 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27215

Median Home Value
$241,700
Median Rent
$948
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,553/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27215 in Burlington city, NC, a household would need roughly $67,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,553. That is roughly in line with the local median household income ($66,669). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
61.0%-7% vs US avg
x
Vacancy Rate
8.1%-21% vs US avg
x
Broadband Access
88.4%+2% vs US avg
x
4+ Bedrooms
4.6%-69% vs US avg
x
Built Pre-1939
5.7%-55% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
20.7%-58% vs US avg
x
Mortgage-Free
41.6%+9% vs US avg
x
$241,700
Home Value
$948
Rent
1982
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached57.8%
  • 1-unit attached6.3%
  • 2-9 units16.3%
  • 10+ units15.4%
  • Mobile home & other4.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$241,700
Median rent$948
Owner-occupied61.0%
Vacant8.1%
Price-to-income3.6x
Est. income to buy$67,000