28556, Merritt, NC

The 28556 zip code of Merritt, North Carolina has a population of around 10,000 people. The median household income in this zip code is $50,000 which is lower than the national median household income of $53,046. The homeownership rate in this zip code is around 68% which is lower than the national homeownership rate of 69%. The percentage of households that are occupied by renters is around 25% which is higher than the national percentage of renters at 22%.

The average home value in this zip code is $146,500 which is lower than the national average home value of $247,200. The percentage of homes that are owner-occupied in this zip code is around 78% while the percentage of homes that are rented is around 22%. Around 4% of homes in this zip code are vacant which is lower than the national vacancy rate at 5%.

There are a number of factors that could be contributing to the low home values and homeowner rates in the 28556 zip code. One reason could be that there are a lot fewer jobs available in Merritt compared to other areas nearby. Another reason could be that many people who live in this area may not have enough money saved up to buy a house outright. Additionally, there may not be enough people interested in buying or selling homes in this area because it's not considered to be a desirable location.