28205, Charlotte, NC

The 28205 zip code of Charlotte, NC is home to a population of around 234,000 people. The median household income in this zip code is around $60,000, which is considerably higher than the national median household income of $53,046. Additionally, the homeownership rate in this zip code is around 68%, which is significantly higher than the national homeownership rate of 62%.

As you can see from these figures, the 28205 zip code of Charlotte is a very affluent area and it has been for quite some time. This has led to high home equity and home prices in this area. For example, the median home value in this zip code is currently $225,000 and the median home equity value is $164,500. These values are far above the national averages for both measures and they have remained relatively stable over the past few years.

One reason why homes in this area are so valuable is that there are a lot of affluent residents here who are willing to pay high prices for properties. Additionally, there are a lot of new development projects underway in this area which will only increase demand for homes over time. In short, there seems to be no shortage of buyers or sellers in this area and as a result prices have continued to rise steadily over recent years.