ZIP 28278 - 860Z200US28278 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 28278, 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 key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial venture, understanding ZIP 28278’s profile is the first step to success.

Population & Households

ZIP 28278 is home to a thriving community of 36,438 residents. This sizable population supports a dynamic local economy, making it an attractive spot for businesses and investors alike. The area comprises 13,052 households, reflecting a mix of family units, singles, and professionals. With 13,812 total housing units, there’s a modest buffer of available properties, which could signal opportunities for buyers or developers looking to meet demand in this growing region.

Income & Housing Costs

One of the standout features of ZIP 28278 is its strong economic foundation, with a median household income of $121,366. This figure suggests a relatively affluent community, which can translate to higher purchasing power and a stable customer base for local businesses. On the housing front, the median home value stands at $413,400, indicating a robust real estate market that could appeal to investors seeking appreciation potential. For renters, the median rent is $1,736 per month, reflecting a premium rental market that may cater to professionals or families relocating to the area.

Race & Ethnicity

ZIP 28278 boasts a diverse population, which enriches the cultural fabric of the community and offers unique opportunities for businesses and residents. The racial composition breaks down as follows: 37.55% White, 33.1% Black, 8.78% Asian, and 13.08% Hispanic. This diversity can be a draw for families seeking inclusive neighborhoods, as well as for businesses aiming to serve a wide range of customers with varied needs and preferences.

Key Facts

• Total population in ZIP 28278: 36,438 residents, indicating a vibrant and active community.
• Total households: 13,052, showcasing a mix of family and individual living arrangements.
• Total housing units: 13,812, suggesting some availability for new residents or investors.
• Median household income: $121,366, reflecting strong economic stability.
• Median home value: $413,400, pointing to a competitive real estate market.
• Median rent: $1,736, indicating a premium rental landscape.
• Diverse demographics: 37.55% White, 33.1% Black, 8.78% Asian, and 13.08% Hispanic.

What This Means for You

For homebuyers, ZIP 28278 offers a promising mix of high median home values and a diverse, welcoming community. The $413,400 median home price suggests a solid investment, though it requires careful budgeting given the area’s above-average cost of living. Families will appreciate the cultural diversity and the potential for strong schools and amenities supported by a median income of $121,366.

For investors and real estate agents, the data points to a healthy market with growth potential. The slight surplus of housing units (13,812 vs. 13,052 households) could mean opportunities for flipping or rentals, especially with a median rent of $1,736 attracting reliable tenants. The strong income levels also suggest tenants and buyers with financial stability.

For small-business owners, ZIP 28278’s population of over 36,000 and diverse demographic makeup provide a broad customer base. The high median income indicates disposable income for goods and services, while the cultural diversity offers a chance to tailor offerings to varied tastes—think ethnic cuisine, specialized retail, or inclusive services.

For analysts, these metrics provide a foundation for deeper market studies. The balance of income, housing costs, and diversity in ZIP 28278 could inform trends in suburban growth, housing demand, or economic development in the Charlotte metro area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 28278? 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, and more, tailored to your needs.
• Use the insights to guide your next home purchase, investment decision, or business strategy with confidence.