28092, Lincolnton, NC

The 28092 zip code of Lincolnton, NC is home to a population of around 24,000 people. The median household income in this zip code is $50,000, which is lower than the national median household income of $53,046. However, the percentage of households earning less than $25,000 is much higher in this zip code than it is nationally. Additionally, the percentage of households earning more than $75,000 is also much higher in this zip code than it is nationally.

As a result of these disparities in income and wealth distribution, home equity and home prices are significantly higher in the 28092 zip code than they are nationally. The average home value in this zip code is $135,700, which exceeds the national average home value by more than 20%. Additionally, the average home equity value in this zip code exceeds the national average by more than 50%.

This high level of home equity and home prices has led to a significant concentration of wealth within the 28092 zip code. The top 10% of households in this zipcode own nearly half (47%)of all homes worth over $200k. In comparison, only 23%of all households nationwide own homes worth over $200k. This extreme level of wealth concentration has led to widespread economic inequality within the 28092 zipcode and throughout America as a whole.