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Lake Waccamaw town, NC

ZIP 28450 — 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 28450

Median Home Value
$266,800
Median Rent
$692
Affordability Snapshot
$73,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,714/mo PITI).

11%
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.

32.1 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 28450 in Lake Waccamaw town, NC, a household would need roughly $73,000 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 $1,714. That is roughly in line with the local median household income ($74,917). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 33% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.8%+28% vs US avg
x
Vacancy Rate
32.7%+217% vs US avg
x
Broadband Access
87.5%+1% vs US avg
x
4+ Bedrooms
1.7%-89% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
3.8%-92% vs US avg
x
Mortgage-Free
46.3%+21% vs US avg
x
$266,800
Home Value
$692
Rent
1982
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached84.0%
  • 1-unit attached1.1%
  • 2-9 units2.7%
  • 10+ units0.0%
  • Mobile home & other12.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$266,800
Median rent$692
Owner-occupied83.8%
Vacant32.7%
Price-to-income3.6x
Est. income to buy$73,000