Housing market/North Carolina/ZIP 27938

ACS 2023 · FY2027 SAFMR

ZIP 27938 Gatesville, Gates County, North Carolina

Gates County, NC HUD Metro FMR Area · North Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,863
Households
770
Median HH income
$49,757
Renter share
17.9%
Median gross rent
—
Vacancy
11.9%
Pop. change
+47.7%
2BR SAFMR
$1,710
SAFMR / rent
—
2–49 unit stock
17
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 27938 · NC — sent to you.

ZIP 27938 · NC

2BR SAFMR$1,710
90% floor$1,539
110% ceiling$1,881

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 27938

  • 1-unit detached38744.3%
  • 1-unit attached212.4%
  • 2–4 units70.8%
  • 5–49 units101.1%
  • Mobile44951.4%
TypeUnitsShare
1-unit detached38744.3%
1-unit attached212.4%
2 units (duplex)70.8%
3–4 units00.0%
5–9 units101.1%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile44951.4%

2–4 unit share 0.8% · 5–49 unit share 1.1% · combined 2–49 1.9%.

Units by bedrooms

Studio
0
1BR
0
2BR
188
3BR
601
4BR
46
5+
39

Rent burden

Rent ≥30% of income8.0%
Rent ≥50% of income0.0%
  • Renters paying ≥30% of income 8.0%; ≥50% 0.0%.

Population

1,863 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +47.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 27938 17.9% of occupied households are renters; vacancy is 11.9%; population increased +47.7% between the 2018 and 2023 ACS vintages; the housing stock includes 7 units in 2–4-unit structures and 10 units in 5–49-unit structures. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

North Carolina research

ZIP 27938 is a Census / HUD profile for Gates County, NC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is North Carolina research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 27938?

ZIP 27938 (Gates County, NC HUD Metro FMR Area) has 1,863 residents, 770 households, a renter share of 17.9%, median household income of $49,757, and ACS 2023 median gross rent of —. Vacancy is 11.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 27938?

ACS counts 7 units in 2-unit buildings, 0 in 3–4 unit buildings, 10 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 17 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 27938?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,710. See the full schedule and 90–110% payment-standard band on the ZIP 27938 — Gatesville, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 27938 is Census / HUD research for Gates County, NC HUD Metro FMR Area. Jeff Crowe CRE does not list North Carolina property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.