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Charlotte city, NC

ZIP 28262 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28262

Median Home Value
$297,300
Median Rent
$1,341
Affordability Snapshot
$82,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,910/mo PITI).

24%
Rent-to-Income Ratio

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

4.5x
Home Price-to-Income Ratio

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

18.5 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 28262 in Charlotte city, NC, a household would need roughly $82,000 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 $1,910. That is about 23% above the local median household income ($66,757), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
30.3%-54% vs US avg
x
Vacancy Rate
10.3%+0% vs US avg
x
Broadband Access
94.8%+9% vs US avg
x
4+ Bedrooms
5.4%-64% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
1.9%-72% vs US avg
x
Rent Burden >30%
19.0%-62% vs US avg
x
Mortgage-Free
25.2%-34% vs US avg
x
$297,300
Home Value
$1,341
Rent
2003
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached30.6%
  • 1-unit attached4.8%
  • 2-9 units8.4%
  • 10+ units55.0%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$297,300
Median rent$1,341
Owner-occupied30.3%
Vacant10.3%
Price-to-income4.5x
Est. income to buy$82,000