ZIP 28040 · Ellenboro, North Carolina

Population

6,961 people call ZIP 28040 home.

6,961

people.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Rent

Median rent is up 26% since the 2010–2014 survey, before inflation.

$750

a month. North Carolina's median is $1,228.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

Room to build

Local wages can carry more rent than the median charged today.

$811–$1,217

is the monthly rent range local workforce wages support.

• $750 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 81% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 0.1% to the 3,326 homes here.

4

is the estimated number of missing housing units; all three estimates agree.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 41% less than North Carolina's.

$169,500

median home value in ZIP 28040.

• $169,500 ZIP 28040
• $288,900 North Carolina
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year