28652, Minneapolis, NC

The 28652 zip code of Minneapolis, NC is home to a population of about 240,000 people. The median household income in this zip code is about $60,000, which is lower than the national median household income of $53,657. However, the median home value in this zip code is about $225,000, which is higher than the national median home value of $194,200.

There are a number of factors that contribute to the high home values in this zip code. First and foremost, there are a large number of affluent residents who can afford to purchase homes at high prices. Additionally, there are a number of well-maintained homes in this area that have been able to maintain their values over time. Finally, the local economy has been strong over the past few years and has helped to support rising home values.

Despite these positive factors, there are also some challenges facing homeowners in the 28652 zip code. One issue is that interest rates have been relatively low for much of the past few years and have made it difficult for many people to get approved for mortgages that would allow them to purchase homes at high prices. Additionally, there has been an increase in housing prices near downtown Minneapolis over recent years but little growth elsewhere in the city - which could lead to tension between longtime homeowners who benefit from rising prices and new residents who may be struggling to afford housing on their own incomes.