28634, Harmony, NC

The 28634 zip code of Harmony, North Carolina is located in the southeastern part of the state and has a population of around 10,000. The median household income in this zip code is $60,000 which is lower than the national median household income of $59,445. However, this zip code has a higher percentage of households earning over $100,000 than the national average. The home equity in this zip code is also much higher than the national average. In fact, almost half (47%) of all households in this zip code have at least one million dollars worth of home equity which is more than double the national average. This high level of home equity may be due to the low unemployment rate in this area or it may be because there are a lot of wealthy people living in this zip code.

One reason why home prices are so high in the 28634 zip code is that there are not many available homes for sale. In fact, only 5% of all homes for sale are located within this zipcode which is much lower than the national average of around 10%. This shortage of available homes may lead to high prices because buyers can only buy what they can afford and few people can afford to buy a house that costs more than one million dollars. Another reason why home prices are high in this area is that there are a lot of wealthy people living here. Almost half (47%)of all households in this zipcode have at least one million dollars worth of home equity which is more than double the national average. This high levelofhome equitymay bedue tothe lowunemployment rateinthisareaor itmaybepartlybecausetherearealotofwealthypeoplelivinginthiszipcode