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, NC

ZIP 27020 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27020

Median Home Value
$149,300
Median Rent
$552
Affordability Snapshot
$41,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$959/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27020 in NC, a household would need roughly $41,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $959. That sits below the local median household income ($47,590), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.3%+24% vs US avg
x
Vacancy Rate
18.6%+81% vs US avg
x
Broadband Access
79.4%-9% vs US avg
x
4+ Bedrooms
0.1%-99% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
3.2%-94% vs US avg
x
Mortgage-Free
52.6%+38% vs US avg
x
$149,300
Home Value
$552
Rent
1982
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.8%
  • 1-unit attached0.3%
  • 2-9 units0.5%
  • 10+ units0.0%
  • Mobile home & other26.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$149,300
Median rent$552
Owner-occupied81.3%
Vacant18.6%
Price-to-income3.1x
Est. income to buy$41,000