Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
ZIP code 28042 covers Fallston, NC in Cleveland County with a population of about 306.
At a glance, the area shows median age of 32.6 versus a U.S. median of about 38.9.
It sits in telephone area codes 704, 980; U.S. House district NC-14; the CHARLOTTE media market.
On socioeconomic markers, US5 shows a poverty rate of 57.8%; unemployment rate near 0.0%; 3.0% of adults with a bachelor’s degree or higher (about 30.7 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Manufacturing, Food services, and Healthcare; a mean commute of about 88.0 minutes (U.S. average near 26.8).
Median home value is about $91,300 — about 74% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $581 (about 50% below the U.S. median rent ($1,163)), and owner-occupancy near 45.7% (about 19.7 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 28042 in Fallston, NC, a household would need roughly $25,000 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 $586. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.
FEMA’s National Risk Index rates natural-hazard risk for Fallston town, NC as Relatively Low (composite score 70.0), which is elevated versus much of the country. The strongest component scores on US5 are flood (75.2) and hurricane (73.7). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.
Climate normals for Fallston town, NC show limited published climate normals on US5.
IRS migration statistics show a net inflow of about 13 for ZIP 28042 (Fallston town, NC) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.