US5.com
  1. Home
  2. States
  3. North Carolina
  4. ZIP 28466
  5. Housing & Real Estate
Wallace town, NC

ZIP 28466 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28466

Median Home Value
$179,800
Median Rent
$571
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,155/mo PITI).

11%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.2 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 28466 in Wallace town, NC, a household would need roughly $49,000 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 $1,155. That sits below the local median household income ($61,906), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
71.4%+9% vs US avg
x
Vacancy Rate
15.3%+49% vs US avg
x
Broadband Access
84.1%-3% vs US avg
x
4+ Bedrooms
2.7%-82% vs US avg
x
Built Pre-1939
3.4%-73% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
25.1%-49% vs US avg
x
Mortgage-Free
41.1%+7% vs US avg
x
$179,800
Home Value
$571
Rent
1986
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached72.1%
  • 1-unit attached0.3%
  • 2-9 units11.4%
  • 10+ units1.5%
  • Mobile home & other14.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$179,800
Median rent$571
Owner-occupied71.4%
Vacant15.3%
Price-to-income2.9x
Est. income to buy$49,000