Interested in purchasing investment houses in the 28040 zip code in Ellenboro, NC?
The zip code 28040 is in both Rutherford and Cleveland counties with a latitude of -81.747210000000 and longitude of 35.391490000000, is in the state of North Carolina. The average asking price of houses and condos is $161,537.00 and the average sale price was $71,811.00. this regions is classified as the Greenville Spartanburg Asheville Area metro area and is in the 828 area code. The location in degrees is 35° 23' 29.364" N, 81° 44' 49.956" W. The county F.I.P.S. is 37161. This zip code contains two cities including Ellenboro, NC (1.78%), and Caroleen, NC (0.94%) The total land area is 71.2 square miles and the water area is 0.0 square miles. The elevation in this area is 846 - 1339 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 28040 is in county number 161 and is L. Sector 00, L. Segment 01, H. Sector 16, and H. Segment 16. The population was 7,522 in 2019 and 7,969 in 2010. Of this, the break down in 2019 was 193 urban and 7,328 rural. This further breaks down to 3,816 males (50.7%) and 3,705 females (49.3%). The median age of residents is 48.3 years. The population of the greater Forest City, NC area is 63,969. The population density (people per square mile) is 106. This zip code has a combined total of 4,038 houses and condos. There are 686 rented appartments. 22% of residents rent versus the 22% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $37,264 and the average salary is $34,150. The median household income of individuals is $37,430.00 and the average is $44,140.00. This zip code has a mean commute time to work of 23.7 minutes. The unemployment rate is 5.4%. Income earners by percent breakdown as 65.50% (Under $50,000), 28.80% ($50,000-$100,000), and 5.70% earn over $100,000. 16.7% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 79.7. The educational breakdown is 84.5% have a high school education or higher, 15.1% have a bachelor's degree or higher, and 4.0% have some kind of profesional degree.
This area has 3,168 households and the average size is 2.4 people. Individuals who are single and have never been married are 26.4%, 49.4% are now married, 3.3% are separated, 5.5% are widowed, and 15.4% are divorced. The average yearly contribution amount given by people to charity was $4,616 versus the state average of $4,687. The percent of residents who gave to charity was 15.9%.
The estimated median value of houses and condos is $108,363. The median monthly owner costs of mortgage holders was $925, where as the costs for those who don't have a mortgage are $268. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $688. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,493. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $711. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $683. Reported taxable interest for persons was $809, dividends $1,873, capital gains +$1,615, and itemized deductions $18,303. The average earned income tax credit is $2,353. The percent of individuals that use a tax preparer is 60.5%. The total average income taxes paid by individuals was $5,205. Businesses reported an average profit of $5,271.
Randall's Ellenboro Restaurant
277 Main St, Ellenboro, NC 28040
Ellenboro Restaurant
368 New House Rd, Ellenboro, NC 28040
Lunch Box
117 S Glenn St, Ellenboro, NC 28040
Fagan's Farm
368 New House Rd, Ellenboro, NC 28040
Subway
107 Byers St, Ellenboro, NC 28040
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
