ZIP 28273 - 860Z200US28273 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 28273, located in the Charlotte, North Carolina area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down population stats, household dynamics, income levels, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights into ZIP 28273 will guide your next steps with confidence.

Population & Households

ZIP 28273 is home to a robust population of 49,141 residents, making it a sizable and active community. This area supports 18,201 households, reflecting a strong residential base for families, professionals, and individuals alike. With 19,236 total housing units, there’s a slight surplus of available homes, which could indicate opportunities for buyers or renters looking to settle in this dynamic region. The balance between population and housing suggests a community with room to grow, appealing to those seeking both stability and potential.

Income & Housing Costs

The median household income in ZIP 28273 stands at $84,739, positioning it as a relatively affluent area compared to national averages. This income level supports a comfortable lifestyle for many residents and signals purchasing power for local businesses. On the housing front, the median home value is $304,900, reflecting a competitive yet accessible real estate market for buyers with moderate to high budgets. For renters, the median rent is $1,671 per month, which aligns with the area’s income levels but may require careful budgeting for some. These figures highlight ZIP 28273 as a place where financial stability meets reasonable housing costs.

Race & Ethnicity

ZIP 28273 boasts a diverse population, which enriches the cultural fabric of the community. The racial composition includes 41.18% Black residents, making it the largest demographic group, followed by 23.9% Hispanic, 23.07% White, and 6.26% Asian residents. This diversity creates a vibrant, multicultural environment that can appeal to a wide range of individuals and businesses. For homebuyers and investors, this mix suggests a welcoming community with varied perspectives, while businesses may find opportunities to cater to diverse consumer needs.

Key Facts

• Total population: 49,141 residents, indicating a thriving community.
• Total households: 18,201, supporting a strong residential foundation.
• Total housing units: 19,236, offering a small surplus for potential buyers or renters.
• Median household income: $84,739, reflecting solid economic stability.
• Median home value: $304,900, competitive for the region’s market.
• Median rent: $1,671, aligning with local income levels.
• Diverse demographics: 41.18% Black, 23.9% Hispanic, 23.07% White, 6.26% Asian.

What This Means for You

For homebuyers, ZIP 28273 offers a promising mix of affordability and value with a median home price of $304,900. The slight surplus of housing units (19,236 vs. 18,201 households) could mean less competition in certain segments of the market, giving you leverage to negotiate. The area’s diversity and solid median income of $84,739 also suggest a stable, vibrant community to call home.

For investors and real estate agents, the data points to potential in both rental and sales markets. With a median rent of $1,671, rental properties could yield steady returns, especially given the population size of 49,141. The diversity and income levels also indicate demand for varied housing options, from starter homes to upscale properties.

For small-business owners, ZIP 28273’s diverse demographic makeup and strong household income present a fertile ground for customer engagement. Whether you’re opening a retail store, restaurant, or service-based business, the cultural variety and spending power here can support tailored offerings that resonate with a broad audience.

For analysts, these metrics provide a comprehensive baseline for deeper market studies. The balance of housing units, income, and diversity in ZIP 28273 offers a snapshot of a growing, multifaceted community worth tracking over time.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 28273? Start by visiting ZipcodeGPT for a user-friendly platform to analyze ZIP code data.
• Enter any ZIP code to access up-to-date demographic, housing, and economic insights tailored to your needs.
• Use the detailed reports to inform your homebuying, investment, or business decisions with confidence.