Housing market/North Carolina/ZIP 27962

ACS 2023 · FY2027 SAFMR

ZIP 27962 Plymouth, Washington County, North Carolina

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

Population
7,015
Households
2,991
Median HH income
$42,342
Renter share
31.8%
Median gross rent
$826
Vacancy
18.7%
Pop. change
-6.8%
2BR SAFMR
$1,010
SAFMR / rent
1.223×
2–49 unit stock
298
LIHTC proj / units
1 / 55
HUD assisted MF
3 / 55

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 27962 · NC — sent to you.

ZIP 27962 · NC

ACS median rent$826
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 27962

  • 1-unit detached2,61071.0%
  • 1-unit attached320.9%
  • 2–4 units2707.3%
  • 5–49 units280.8%
  • Mobile73820.1%
TypeUnitsShare
1-unit detached2,61071.0%
1-unit attached320.9%
2 units (duplex)2196.0%
3–4 units511.4%
5–9 units280.8%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile73820.1%

2–4 unit share 7.3% · 5–49 unit share 0.8% · combined 2–49 8.1%.

Units by bedrooms

Studio
0
1BR
188
2BR
832
3BR
2,010
4BR
633
5+
15

Rent burden

Rent ≥30% of income43.6%
Rent ≥50% of income16.4%
  • ACS median gross rent $826 (all bedrooms, occupied rentals).
  • Median contract rent $409.
  • Renters paying ≥30% of income 43.6%; ≥50% 16.4%.
  • FY2027 2BR SAFMR $1,010 (1.223× ACS median gross rent).

Population

7,015 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.8%.

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

Assisted inventory

  • LIHTC: 1 projects, 55 units.
  • HUD project-based assisted MF: 3 properties, 55 assisted units.
  • 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 27962 31.8% of occupied households are renters; vacancy is 18.7%; ACS median gross rent is $826; population changed -6.8% between the 2018 and 2023 ACS vintages; the housing stock includes 270 units in 2–4-unit structures and 28 units in 5–49-unit structures; 1 LIHTC projects totaling 55 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $826. 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 27962 is a Census / HUD profile for Washington 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 27962?

ZIP 27962 (Washington County, NC) has 7,015 residents, 2,991 households, a renter share of 31.8%, median household income of $42,342, and ACS 2023 median gross rent of $826. Vacancy is 18.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 27962?

ACS counts 219 units in 2-unit buildings, 51 in 3–4 unit buildings, 28 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 298 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 27962?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 27962 — Plymouth, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 27962 is Census / HUD research for Washington County, NC. 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.