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Lowell city, NC

ZIP 28098 — Housing & Real Estate

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

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28098

Median Home Value
$153,300
Median Rent
$967
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$985/mo PITI).

22%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.2 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 28098 in Lowell city, NC, a household would need roughly $42,000 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 $985. That sits below the local median household income ($51,879), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
75.2%+15% vs US avg
x
Vacancy Rate
3.0%-71% vs US avg
x
Broadband Access
93.5%+7% vs US avg
x
4+ Bedrooms
5.3%-64% vs US avg
x
Built Pre-1939
19.8%+54% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
27.4%-45% vs US avg
x
Mortgage-Free
27.4%-28% vs US avg
x
$153,300
Home Value
$967
Rent
1964
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached88.8%
  • 1-unit attached1.1%
  • 2-9 units2.4%
  • 10+ units2.8%
  • Mobile home & other4.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$153,300
Median rent$967
Owner-occupied75.2%
Vacant3.0%
Price-to-income3.0x
Est. income to buy$42,000