28210, Charlotte, NC

The 28210 zip code of Charlotte, NC is a suburban area located in the southeastern part of the city. It has a population of around 215,000 and is home to many affluent families. The median household income in this zip code is $130,000, which is significantly higher than the citywide median income of $72,500. Home prices in this area have been increasing rapidly over the past few years, reaching an all-time high of $295,000 in March 2018. However, prices have since declined slightly and are currently hovering around $280,000.

One reason for the high home prices in this area is that it is one of the most affluent suburbs in Charlotte. Many families who live here own their homes outright or have sizable mortgages that they can afford to pay off quickly. Additionally, there are a lot of luxury homes available for sale here – many of which are owned by wealthy individuals or businesses who want to relocate to a more desirable location.

However, not everyone living in the 28210 zip code can afford to buy a home at these prices. A significant number of residents – especially those who do not own their homes outright – are struggling to keep up with rising mortgage payments and other expenses associated with owning a home. This has led to widespread concern about whether the current trend towards high home prices will continue or if they will eventually fall back down to more affordable levels.