28657, Newland, NC

The 28657 zip code of Newland, NC is located in the eastern 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 higher than the national median household income of $53,046. The home equity and home prices in this zip code are both high compared to other areas of the country.

The average home value in this zip code is $236,500 which is more than double the national average home value of $116,200. The percentage of homes that are owner-occupied in this zip code is also high at 87% which is higher than the national percentage of owner-occupied homes at 66%. This indicates that there are a lot of people who have a lot of equity in their homes and are able to sell them for a high price.

One reason why the home equity and home prices in this zip code are so high is because there are a lot of affluent people living here. The median household income in this zip code is above the national median household income which means that there are more people who can afford to buy a house or invest in their home equity. Additionally, there are many wealthy families who live here which also contributes to the high home values.