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Elm City town, NC

ZIP 27822 — 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 27822

Median Home Value
$157,800
Median Rent
$594
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,014/mo PITI).

12%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.1 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 27822 in Elm City town, NC, a household would need roughly $43,000 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 $1,014. That sits below the local median household income ($61,189), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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
80.5%+23% vs US avg
x
Vacancy Rate
7.4%-28% vs US avg
x
Broadband Access
84.0%-3% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
4.1%-68% vs US avg
x
Built Post-2014
1.5%-78% vs US avg
x
Rent Burden >30%
17.3%-65% vs US avg
x
Mortgage-Free
46.8%+22% vs US avg
x
$157,800
Home Value
$594
Rent
1986
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached74.1%
  • 1-unit attached0.0%
  • 2-9 units2.7%
  • 10+ units0.5%
  • Mobile home & other22.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$157,800
Median rent$594
Owner-occupied80.5%
Vacant7.4%
Price-to-income2.6x
Est. income to buy$43,000