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Canton town, NC

ZIP 28716 — 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 28716

Median Home Value
$223,600
Median Rent
$731
Affordability Snapshot
$62,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,436/mo PITI).

15%
Rent-to-Income Ratio

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

3.7x
Home Price-to-Income Ratio

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

25.5 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 28716 in Canton town, NC, a household would need roughly $62,000 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 $1,436. That is roughly in line with the local median household income ($60,008). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
75.0%+15% vs US avg
x
Vacancy Rate
19.6%+90% vs US avg
x
Broadband Access
79.2%-9% vs US avg
x
4+ Bedrooms
3.9%-74% vs US avg
x
Built Pre-1939
8.4%-35% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
21.2%-57% vs US avg
x
Mortgage-Free
46.3%+21% vs US avg
x
$223,600
Home Value
$731
Rent
1975
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached76.4%
  • 1-unit attached0.5%
  • 2-9 units3.7%
  • 10+ units0.0%
  • Mobile home & other19.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$223,600
Median rent$731
Owner-occupied75.0%
Vacant19.6%
Price-to-income3.7x
Est. income to buy$62,000