Interested in purchasing investment houses in the 28207 zip code in Charlotte, NC?
The zip code 28207 is in Mecklenburg county with a latitude of -80.826180000000 and longitude of 35.195160000000, is in the state of North Carolina. The average asking price of houses and condos is $1,004,526.00 and the average sale price was $803,336.00. this regions is classified as the Charlotte metro area and consists of the following area codes: 704 and 980. The location in degrees is 35° 11' 42.576" N, 80° 49' 34.248" W. The county F.I.P.S. is 37119. The total land area is 2.5 square miles and the water area is 0.0 square miles. The elevation in this area is 692 - 692 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 28207 is in county number 119 and is L. Sector 00, L. Segment 00, H. Sector 99, and H. Segment 99. The population was 10,094 in 2019 and 9,280 in 2010. This further breaks down to 4,908 males (48.6%) and 5,186 females (51.4%). The median age of residents is 39.2 years. The population of the greater Charlotte-Gastonia-Concord, NC-SC area is 1,793,478. The population density (people per square mile) is 4,009. This zip code has a combined total of 4,301 houses and condos. There are 959 rented appartments. 24% of residents rent versus the 24% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $371,077 and the average salary is $230,056. The median household income of individuals is $116,777.00 and the average is $501,720.00. This zip code has a mean commute time to work of 20.1 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 22.10% (Under $50,000), 22.20% ($50,000-$100,000), and 55.70% earn over $100,000. 4.3% of residents live below poverty line versus the 13.6% in the state that are below this line. The cost of living index is 97.9. The educational breakdown is 100.6% have a high school education or higher, 85.1% have a bachelor's degree or higher, and 35.7% have some kind of profesional degree.
This area has 3,777 households and the average size is 2.4 people. Individuals who are single and have never been married are 36.4%, 53.0% are now married, 0.6% are separated, 3.4% are widowed, and 6.6% are divorced. The average yearly contribution amount given by people to charity was $23,842 versus the state average of $4,687. The percent of residents who gave to charity was 61.3%.
The estimated median value of houses and condos is $1,094,247. The median monthly owner costs of mortgage holders was $3,911, where as the costs for those who don't have a mortgage are $1,161. The median number of rooms in houses and condos are 10.0 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $9,948. 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 0.9% which amounted to an average tax amount of $10,333. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $8,892. Reported taxable interest for persons was $16,538, dividends $55,215, capital gains +$101,280, and itemized deductions $92,258. The average earned income tax credit is $1,236. The percent of individuals that use a tax preparer is 67.1%. The total average income taxes paid by individuals was $48,414. Businesses reported an average profit of $51,026.
Intermezzo
1427 E 10th St, Charlotte, NC 28204 (1.4 miles away)
McCormick & Schmick's Seafood & Steaks
4335 Barclay Downs Dr, Charlotte, NC 28209 (1.9 miles away)
Nikko Japanese Restaurant & Sushi Bar
325 Arlington Ave, Charlotte, NC 28203 (2 miles away)
Ruth's Chris Steak House
222 S Tryon St, Charlotte, NC 28202 (2.6 miles away)
Maggiano's Little Italy
4400 Sharon Rd, Charlotte, NC 28211 (2.6 miles away)
House of Pizza
3640 Central Ave, Charlotte, NC 28205 (2.9 miles away)