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Spindale town, NC

ZIP 28160 — 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 28160

Median Home Value
$121,300
Median Rent
$545
Affordability Snapshot
$33,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$779/mo PITI).

17%
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.

18.5 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 28160 in Spindale town, NC, a household would need roughly $33,000 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 $779. That sits below the local median household income ($38,625), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics

Historic housing stock (21% built before 1939)

Owner Occupied
47.8%-27% vs US avg
x
Vacancy Rate
9.4%-9% vs US avg
x
Broadband Access
85.4%-2% vs US avg
x
4+ Bedrooms
6.1%-59% vs US avg
x
Built Pre-1939
21.2%+66% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
9.1%-82% vs US avg
x
Mortgage-Free
42.4%+11% vs US avg
x
$121,300
Home Value
$545
Rent
1955
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached80.4%
  • 1-unit attached0.0%
  • 2-9 units12.6%
  • 10+ units6.6%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$121,300
Median rent$545
Owner-occupied47.8%
Vacant9.4%
Price-to-income3.1x
Est. income to buy$33,000