ZIP 28214 - 860Z200US28214 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 28214 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in the Charlotte, North Carolina area, this ZIP code offers a blend of suburban appeal and economic opportunity. With a population of over 42,000 and a diverse community, ZIP 28214 presents unique advantages for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this dynamic region.

Population & Households

ZIP 28214 is home to 42,197 residents, making it a sizable community with a strong residential base. These individuals are distributed across 14,948 households, reflecting a mix of family and individual living arrangements. The area also has 15,896 total housing units, indicating a small buffer of vacant or available properties. For homebuyers, this suggests a competitive but not oversaturated market, while businesses can tap into a substantial local customer base. Investors and analysts will note the potential for growth, as the population size supports demand for housing and services.

Income & Housing Costs

The median household income in ZIP 28214 stands at $83,618, signaling a relatively strong economic foundation for many residents. This income level supports a healthy local economy, which is a positive indicator for small businesses looking to establish or expand in the area. On the housing front, the median home value is $258,400, offering a balance of affordability and investment potential compared to pricier nearby markets in the Charlotte metro area. For renters, the median rent is $1,570 per month, which aligns with the income levels but may pose challenges for lower-income households. These figures provide a clear picture for buyers assessing affordability and investors evaluating return potential.

Race & Ethnicity

ZIP 28214 boasts a diverse population, which enriches the cultural fabric of the community and offers unique opportunities for businesses and residents alike. The racial and ethnic composition includes 39.85% Black, 30.02% White, 17.91% Hispanic, and 6.18% Asian residents. This diversity can be a draw for families seeking inclusive environments and for businesses aiming to cater to varied customer needs. For investors and analysts, this mix highlights the importance of understanding cultural nuances when planning developments or marketing strategies in the area.

Key Facts

• Total population: 42,197 residents, offering a robust community for engagement.
• Total households: 14,948, reflecting a strong base of local families and individuals.
• Total housing units: 15,896, with some availability for new occupants or investors.
• Median household income: $83,618, indicating solid economic stability.
• Median home value: $258,400, a competitive price point in the region.
• Median rent: $1,570, relevant for renters and rental property investors.
• Diverse demographics: 39.85% Black, 30.02% White, 17.91% Hispanic, 6.18% Asian.

What This Means for You

For homebuyers, ZIP 28214 offers a promising mix of affordability and community vibrancy. With a median home value of $258,400, you can find properties that fit a range of budgets, while the diverse population fosters a welcoming environment. Investors and real estate agents will appreciate the area’s growth potential, supported by a sizable population and a median income that suggests purchasing power. The slight surplus of housing units (15,896 vs. 14,948 households) hints at opportunities for rental or flip investments. Small-business owners can leverage the 42,197 residents and cultural diversity to tailor offerings—think ethnic cuisine, specialized retail, or community-focused services. Finally, analysts can use these metrics to benchmark ZIP 28214 against neighboring areas, identifying trends in housing demand or economic shifts.

Run This Study Yourself

• Want to dive deeper into ZIP 28214 or compare it with another area? 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 inform your homebuying, investment, or business decisions with confidence.