Housing market/North Carolina/ZIP 28621

ACS 2023 · FY2027 SAFMR

ZIP 28621 Elkin, Wilkes County, North Carolina

Wilkes 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
9,977
Households
4,228
Median HH income
$54,481
Renter share
30.1%
Median gross rent
$764
Vacancy
13.1%
Pop. change
-5.0%
2BR SAFMR
$1,060
SAFMR / rent
1.387×
2–49 unit stock
526
LIHTC proj / units
5 / 238
HUD assisted MF
1 / 5

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 28621 · NC — sent to you.

ZIP 28621 · NC

ACS median rent$764
2BR SAFMR$1,060
90% floor$954
110% ceiling$1,166

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

Housing stock

ACS 2023 units-in-structure · ZCTA 28621

  • 1-unit detached3,08163.9%
  • 1-unit attached320.7%
  • 2–4 units1783.7%
  • 5–49 units3487.2%
  • 50+ units811.7%
  • Mobile1,10122.8%
TypeUnitsShare
1-unit detached3,08163.3%
1-unit attached320.7%
2 units (duplex)1122.3%
3–4 units661.4%
5–9 units1152.4%
10–19 units1092.2%
20–49 units1242.5%
50+ units811.7%
Mobile1,10122.6%

2–4 unit share 3.7% · 5–49 unit share 7.2% · combined 2–49 10.8%.

Units by bedrooms

Studio
102
1BR
371
2BR
1,701
3BR
2,178
4BR
403
5+
109

Rent burden

Rent ≥30% of income38.4%
Rent ≥50% of income19.0%
  • ACS median gross rent $764 (all bedrooms, occupied rentals).
  • Median contract rent $547.
  • Renters paying ≥30% of income 38.4%; ≥50% 19.0%.
  • FY2027 2BR SAFMR $1,060 (1.387× ACS median gross rent).

Population

9,977 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.0%.

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

Assisted inventory

  • LIHTC: 5 projects, 238 units.
  • HUD project-based assisted MF: 1 properties, 5 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 28621 30.1% of occupied households are renters; vacancy is 13.1%; ACS median gross rent is $764; population changed -5.0% between the 2018 and 2023 ACS vintages; the housing stock includes 178 units in 2–4-unit structures and 348 units in 5–49-unit structures; 5 LIHTC projects totaling 238 units; FY2027 2BR SAFMR is $1,060 versus ACS median gross rent of $764. 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 28621 is a Census / HUD profile for Wilkes 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 28621?

ZIP 28621 (Wilkes County, NC) has 9,977 residents, 4,228 households, a renter share of 30.1%, median household income of $54,481, and ACS 2023 median gross rent of $764. Vacancy is 13.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 28621?

ACS counts 112 units in 2-unit buildings, 66 in 3–4 unit buildings, 115 in 5–9, 109 in 10–19, and 124 in 20–49. Combined 2–49 unit stock is 526 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 28621?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,060. See the full schedule and 90–110% payment-standard band on the ZIP 28621 — Elkin, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 28621 is Census / HUD research for Wilkes 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.