Housing market/North Carolina/ZIP 28679

ACS 2023 · FY2027 SAFMR

ZIP 28679 Sugar Grove, Watauga County, North Carolina

Watauga 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
2,535
Households
1,004
Median HH income
$64,833
Renter share
12.8%
Median gross rent
$1,049
Vacancy
30.4%
Pop. change
+45.7%
2BR SAFMR
$1,230
SAFMR / rent
1.173×
2–49 unit stock
12
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 28679 · NC — sent to you.

ZIP 28679 · NC

ACS median rent$1,049
2BR SAFMR$1,230
90% floor$1,107
110% ceiling$1,353

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

Housing stock

ACS 2023 units-in-structure · ZCTA 28679

  • 1-unit detached1,25386.8%
  • 1-unit attached100.7%
  • 5–49 units120.8%
  • Mobile16811.6%
TypeUnitsShare
1-unit detached1,25386.8%
1-unit attached100.7%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units120.8%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile16811.6%

2–4 unit share 0.0% · 5–49 unit share 0.8% · combined 2–49 0.8%.

Units by bedrooms

Studio
0
1BR
14
2BR
343
3BR
773
4BR
220
5+
93

Rent burden

Rent ≥30% of income26.4%
Rent ≥50% of income17.1%
  • ACS median gross rent $1,049 (all bedrooms, occupied rentals).
  • Median contract rent $785.
  • Renters paying ≥30% of income 26.4%; ≥50% 17.1%.
  • FY2027 2BR SAFMR $1,230 (1.173× ACS median gross rent).

Population

2,535 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +45.7%.

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 273 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 28679 12.8% of occupied households are renters; vacancy is 30.4%; ACS median gross rent is $1,049; population increased +45.7% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 12 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,230 versus ACS median gross rent of $1,049. 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 28679 is a Census / HUD profile for Watauga 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 28679?

ZIP 28679 (Watauga County, NC) has 2,535 residents, 1,004 households, a renter share of 12.8%, median household income of $64,833, and ACS 2023 median gross rent of $1,049. Vacancy is 30.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 28679?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 12 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 12 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 28679?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,230. See the full schedule and 90–110% payment-standard band on the ZIP 28679 — Sugar Grove, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 28679 is Census / HUD research for Watauga 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.