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Bayboro town, NC

ZIP 28515 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28515

Median Home Value
$137,000
Median Rent
$366
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$880/mo PITI).

14%
Rent-to-Income Ratio

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

4.3x
Home Price-to-Income Ratio

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

31.2 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 28515 in Bayboro town, NC, a household would need roughly $38,000 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 $880. That is about 19% above the local median household income ($31,857), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 32% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.6%+14% vs US avg
x
Vacancy Rate
32.5%+215% vs US avg
x
Broadband Access
73.3%-16% vs US avg
x
4+ Bedrooms
4.1%-72% vs US avg
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
12.3%-75% vs US avg
x
Mortgage-Free
55.2%+45% vs US avg
x
$137,000
Home Value
$366
Rent
1980
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

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

  • 1-unit detached63.8%
  • 1-unit attached0.4%
  • 2-9 units5.4%
  • 10+ units0.2%
  • Mobile home & other30.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$137,000
Median rent$366
Owner-occupied74.6%
Vacant32.5%
Price-to-income4.3x
Est. income to buy$38,000