ZIP 28217 - 860Z200US28217 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 28217, located in the Charlotte, North Carolina area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a diverse population, varied income levels, and a dynamic housing market, this area presents unique opportunities and considerations for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about this vibrant ZIP code.

Population & Households

ZIP 28217 is home to a population of 31,909 residents as of 2023, making it a moderately sized community with a mix of urban and suburban characteristics. These residents are distributed across 12,682 households, reflecting a community with a strong residential base. The total number of housing units stands at 13,615, indicating some availability of vacant or secondary properties, which could be of interest to investors or those looking to buy a home in this area.

Income & Housing Costs

The median household income in ZIP 28217 is $60,397, which suggests a middle-income community with reasonable purchasing power. This income level can support a range of local businesses and indicates a stable economic foundation for potential entrepreneurs. On the housing front, the median house value is $238,500, offering a relatively accessible entry point for homebuyers compared to higher-priced areas in the Charlotte metro region. For renters, the median rent is $1,498 per month, reflecting a competitive rental market that may appeal to investors seeking steady rental income.

Race & Ethnicity

ZIP 28217 stands out for its cultural diversity, which shapes the community’s character and opportunities. The racial and ethnic composition includes 34.98% Black or African American, 36.75% Hispanic or Latino, 17.45% White, and 7.92% Asian residents. This mix fosters a multicultural environment that can be a draw for businesses catering to diverse customer bases or families seeking an inclusive community to call home. Understanding this demographic makeup is crucial for tailoring services, marketing strategies, or community engagement efforts in this area.

Key Facts

• Total population: 31,909 residents in 2023, offering a sizable market for businesses and services.
• Total households: 12,682, indicating a strong residential presence in ZIP 28217.
• Total housing units: 13,615, with potential opportunities for buyers or investors in available properties.
• Median household income: $60,397, reflecting a stable middle-income community.
• Median house value: $238,500, an accessible price point for many prospective homebuyers.
• Median rent: $1,498, suggesting a robust rental market for potential landlords.
• Diverse demographics: A blend of 34.98% Black, 36.75% Hispanic, 17.45% White, and 7.92% Asian residents.

What This Means for You

For homebuyers, ZIP 28217 offers a chance to purchase at a median value of $238,500, which is competitive within the broader Charlotte market. The area’s diversity and population size suggest a lively community with access to varied amenities and cultural experiences. If you’re a real estate investor or agent, the combination of a solid rental market (median rent of $1,498) and available housing units (13,615 total) points to potential for rental income or property flips, though careful market analysis is advised. For small-business owners, the population of over 31,000 and a median income of $60,397 indicate a customer base with disposable income, especially if your offerings resonate with a diverse clientele. Finally, analysts can use these metrics to benchmark ZIP 28217 against neighboring areas or track trends in housing and demographic shifts over time. Whatever your goal, these insights provide a foundation for strategic planning.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 28217? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to inform your next home purchase, investment decision, or business strategy with confidence.