27203, Asheboro, NC

Asheboro, NC is located in the 27203 zip code. According to the 2010 census, Asheboro has a population of 34,812. The median household income in the 27203 zip code is $41,542. The median home value in the 27203 zip code is $144,000.

Asheboro has a relatively low unemployment rate of 3%. The average commute time to work is 19 minutes. The percentage of people who are college graduates is 36%.

The majority of Asheboro residents own their homes. According to Zillow, as of February 2016, 68% of Asheboro homes were owned by individuals and 32% were owned by corporations or other organizations. This compares favorably with the national average homeownership rate of 63%.

The average price per square foot for homes in Asheboro was $128 as of February 2016. This compares favorably with the national average price per square foot for homes which was $152 as of February 2016.

There are a number of factors that may contribute to why Asheboro home values are higher than average:

-The population density in Asheboro is lower than the national average which may lead to more affordable housing options

-The percentage of families with children under 18 living at home is lower than the national average which may lead to more stable housing prices over time

-The percentage of single family homes compared to multi family homes in Asheborough may lead to more stable housing prices over time