28785, Waynesville, NC

The 28785 zip code of Waynesville, NC is located in western North Carolina and has a population of around 14,000. The median household income in this zip code is around $60,000, which is lower than the national median household income of $53,046. However, the percentage of households earning less than $30,000 is much higher here at 36%. In addition, the percentage of households earning over $100,000 is also high at 20%. This may be due to the presence of several large corporations in the area.

The average home value in this zip code is around $163,500. This represents a decrease from last year when the average home value was around $173,500. The reason for this decrease may be due to increased competition for homes in this area or it could be that there are fewer homes available for sale right now. Over the past five years (2012-2017), the average home value has increased by 5%.

One factor that affects home values is interest rates. Right now interest rates are low which may be contributing to the decrease in home values. However, if interest rates increase then prices could go up as well since more people would want to buy a house with higher interest rates.