27028, Mocksville, NC

The 27028 zip code of Mocksville, North Carolina is located in the southeastern corner of the state and includes a population of just over 10,000. The median household income in this zip code is $41,500, which is lower than the statewide median household income of $50,046. However, home prices in this zip code are much higher than the statewide median home price of $199,900.

According to Zillow’s Home Value Index for ZIP Codes across the United States as of September 2018, the 27028 zip code has a home value index score of 131. This means that homes in this zip code are worth 131% more than homes in the nationwide average. The 27028 home value index score is significantly higher than both the statewide home value index score (78) and the national home value index score (100).

One possible explanation for why homes in this zip code are so valuable is that it includes a high concentration of wealthy households. In fact, according to Forbes’ 2018 list of America’s Richest ZIP Codes, Mocksville ranks number one on their list with a median household income of over $200k. Additionally, according to NeighborhoodScout’s analysis of data from 2016*, Mocksville has one of the highest percentages (46%)of households earning over $200k per year. These high-income households likely have enough money saved up to invest in property values in this area.

Another factor that may contribute to high home values in this area is Mocksville’s proximity to major cities such as Charlotte and Raleigh-Durham. As mentioned earlier, these cities have a large population and are likely attractive places to live due to their job opportunities and cultural attractions. Furthermore, because Mocksville is located within commuting distance from these larger cities, many potential homeowners may be inclined to purchase a home here even if they can't afford it outright.