Housing market/North Carolina/ZIP 28625

ACS 2023 · FY2027 SAFMR

ZIP 28625 Statesville, North Carolina

Winston-Salem, 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
38,213
Households
15,420
Median HH income
$64,657
Renter share
27.2%
Median gross rent
$996
Vacancy
8.8%
Pop. change
-3.3%
2BR SAFMR
$1,160
SAFMR / rent
1.165×
2–49 unit stock
1,741
LIHTC proj / units
8 / 578
HUD assisted MF
2 / 66

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 28625 · NC — sent to you.

ZIP 28625 · NC

ACS median rent$996
2BR SAFMR$1,160
90% floor$1,044
110% ceiling$1,276

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

Housing stock

ACS 2023 units-in-structure · ZCTA 28625

  • 1-unit detached11,68469.2%
  • 1-unit attached1981.2%
  • 2–4 units3151.9%
  • 5–49 units1,4268.4%
  • 50+ units1600.9%
  • Mobile3,10018.4%
TypeUnitsShare
1-unit detached11,68469.1%
1-unit attached1981.2%
2 units (duplex)720.4%
3–4 units2431.4%
5–9 units7874.7%
10–19 units4752.8%
20–49 units1641.0%
50+ units1600.9%
Mobile3,10018.3%

2–4 unit share 1.9% · 5–49 unit share 8.4% · combined 2–49 10.3%.

Units by bedrooms

Studio
388
1BR
959
2BR
3,044
3BR
9,574
4BR
2,549
5+
403

Rent burden

Rent ≥30% of income37.6%
Rent ≥50% of income17.8%
  • ACS median gross rent $996 (all bedrooms, occupied rentals).
  • Median contract rent $792.
  • Renters paying ≥30% of income 37.6%; ≥50% 17.8%.
  • FY2027 2BR SAFMR $1,160 (1.165× ACS median gross rent).

Population

38,213 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.3%.

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

Assisted inventory

  • LIHTC: 8 projects, 578 units.
  • HUD project-based assisted MF: 2 properties, 66 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 379 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 28625 27.2% of occupied households are renters; vacancy is 8.8%; ACS median gross rent is $996; population changed -3.3% between the 2018 and 2023 ACS vintages; the housing stock includes 315 units in 2–4-unit structures and 1,426 units in 5–49-unit structures; 8 LIHTC projects totaling 578 units; FY2027 2BR SAFMR is $1,160 versus ACS median gross rent of $996. 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 28625 is a Census / HUD profile for Winston-Salem, 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 28625?

ZIP 28625 (Winston-Salem, NC HUD Metro FMR Area) has 38,213 residents, 15,420 households, a renter share of 27.2%, median household income of $64,657, and ACS 2023 median gross rent of $996. Vacancy is 8.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 28625?

ACS counts 72 units in 2-unit buildings, 243 in 3–4 unit buildings, 787 in 5–9, 475 in 10–19, and 164 in 20–49. Combined 2–49 unit stock is 1,741 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 28625?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,160. See the full schedule and 90–110% payment-standard band on the ZIP 28625 — Statesville, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 28625 is Census / HUD research for Winston-Salem, 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.