ZIP comparison · Hickory-Lenoir-Morganton, NC
28655 vs 28658
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP28655Morganton, NC | ZIP28658Newton, NC |
|---|---|---|
| Home value | ||
| Typical home value | Better: $259,077 | $256,439 |
| 1-year appreciation | Better: +1.8% | +0.8% |
| 5-year CAGR | +6.1% | Better: +6.7% |
| 10-year CAGR | +7.9% | Better: +8.5% |
| Rent & investment | ||
| Monthly rent | Better: $1,296 | $1,566 |
| Gross yield | 6.0% | Better: 7.3% |
| Cap rate | 3.6% | Better: 4.4% |
| Property tax | ||
| Effective tax rate | Better: 0.6% | 0.6% |
| Typical annual tax | Better: $1,634 | $1,667 |
| Demographics | ||
| Population | 55,100 | 26,336 |
| Median household income | $57,713 | Better: $72,042 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | +227 | Better: +761 |
| Schools | ||
| Public schools | 18 | 9 |
| Students enrolled | 7,702 | 4,745 |