The Charlotte Business Journal recently published their annual list of the region’s wealthiest zip codes. Data was analyzed from the U.S. Census Bureau’s 2012-2016 five-year estimates from the American Community Survey (ACS).
The zip code of 28207, which includes parts of Eastover, Myers Park and Elizabeth, ranked first in every category on the list. Median household income for 2016 was $130,868 and per capita income was $91,449. The median value of owner-occupied homes was $816,600, and more than a third of households (36%) have total income of $200,000 or more.
Waxhaw (28173) was #4 on the list for 2016 median household income at $101,155. Nineteen percent (19%) of households in the zip code had total incomes of $200,000 or more. The median value of owner-occupied homes was $343,400 in 2016.
The zip code of 29708, part of Fort Mill, SC, also ranked highly on the list. 2016 median household income was $102,839 (ranked #3), and the median value of owner-occupied homes was $284,700.
According to the United States Census Bureau, “The American Community Survey (ACS) is an ongoing survey that provides vital information on a yearly basis about our nation and its people. Information from the survey generates data that help determine how more than $675 billion in federal and state funds are distributed each year.”
We’re happy to answer any questions that you have about quality of life and real estate values in any of these zip codes. Just contact us!
For more information about this list, and other regional rankings, please see the Charlotte Business Journal.