ZIP 28206 - 860Z200US28206 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 28206 for your next home, investment property, or business location, understanding the area’s demographic and housing landscape is essential. Located in the Charlotte, North Carolina area, ZIP 28206 offers a unique blend of urban opportunity and community diversity. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes this area stand out.

Population & Households

ZIP 28206 is home to a population of 14,726 residents as of 2023. This moderate-sized community is spread across 6,678 households, reflecting a mix of family and individual living arrangements. With 7,094 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to move in. For investors and business owners, this population size suggests a stable customer base or potential tenant pool in a compact, accessible area.

Income & Housing Costs

The median household income in ZIP 28206 stands at $51,456, offering insight into the economic profile of the area. This figure suggests a working-class community with moderate earning power, which can influence housing affordability and business pricing strategies. On the housing front, the median home value is $239,700, positioning ZIP 28206 as a relatively accessible market for first-time buyers or investors seeking value in the Charlotte metro area. For renters, the median rent is $1,225 per month, reflecting a rental market that aligns with the income levels of many residents. These metrics provide a clear picture of affordability and potential return on investment for those eyeing real estate opportunities.

Race & Ethnicity

The racial and ethnic composition of ZIP 28206 highlights a diverse community, which can be a draw for those seeking an inclusive environment. The population breakdown shows Black residents making up the majority at 62.42%, followed by White residents at 17.56%, Hispanic or Latino residents at 15.52%, and Asian residents at 2.61%. This diversity shapes the cultural fabric of the area, influencing everything from local businesses to community events. For small-business owners, this mix offers a chance to cater to varied tastes and needs, while homebuyers may appreciate the vibrant, multifaceted neighborhood dynamic.

Key Facts

• Total population: 14,726 residents in 2023, a manageable community size for engagement.
• Total households: 6,678, indicating a mix of family and solo living arrangements.
• Total housing units: 7,094, suggesting some availability for new residents or investors.
• Median household income: $51,456, reflecting a working-class economic base.
• Median home value: $239,700, an accessible entry point for buyers in the region.
• Median rent: $1,225, aligning with local income levels for renters.
• Racial diversity: Predominantly Black (62.42%), with significant White (17.56%) and Hispanic (15.52%) populations.

What This Means for You

For homebuyers, ZIP 28206 offers a chance to enter the housing market at a median value of $239,700, which is competitive within the Charlotte area. The slight surplus of housing units could mean less competition when searching for a property. Investors and real estate agents will find value in the rental market, with a median rent of $1,225 appealing to a broad tenant base supported by the area’s median income of $51,456. The population of 14,726 ensures a steady demand for housing, whether for sale or lease. Small-business owners can leverage the diverse demographic makeup—especially the significant Black and Hispanic communities—to tailor products, services, or marketing to resonate with local residents. Analysts studying urban trends will note the balance of affordability and diversity as key drivers of ZIP 28206’s appeal. Whatever your goal, these metrics provide a solid foundation for planning your next move.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 28206? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to compare areas, spot trends, and make confident decisions for your home, investment, or business strategy.