28580, Snow Hill, NC

Snow Hill, NC is located in Wake County and has a population of around 10,000. The 28580 zip code has a median home value of $158,900 and a median household income of $62,500. Snow Hill is one of the most affordable zip codes in the Triangle area with both home values and incomes being below the regional average.

There are a number of factors that have contributed to Snow Hill's affordability. First, Snow Hill is located in an economically stable region with low unemployment rates. Second, Snow Hill has a strong economy with many businesses headquartered in the area. Third, Snow Hill has low housing costs relative to other areas in the Triangle region. Finally, Snow Hill residents have access to excellent public schools and amenities such as parks and recreation facilities.

Despite these factors, there are some challenges facing homeowners in the 28580 zip code. One challenge is that Snow Hill's population growth has outpaced its ability to build new homes for sale. This has led to an increase in demand for homes above what is available on the market, which has driven up prices significantly over the past few years. Another challenge facing homeowners is that interest rates have been relatively low for much of this decade, making it difficult for people to afford monthly payments on their mortgages or HELOCs (home equity loans). As interest rates rise over time these debts will become more expensive to pay off