How much is a home worth in ZIP code 28081?

The typical home in 28081 is worth $298,307, based on the Zillow Home Value Index.

Are home values rising in 28081?

Home values in 28081 are up 1.2% over the past year, and up 5.7% a year over five years.

What is the typical rent in 28081?

A typical home in 28081 rents for about $1,645 a month, a gross rental yield of 6.6%.

What is the property tax rate in 28081?

The effective property tax rate in 28081 is 0.7% — roughly $2,064 a year on a typical home.

ZIP code 28081 has a population of 29,075 and a median household income of $71,665.

HousingHandbookReference data

…

U.S. ZIP Code · NC28081

Cabarrus County · Charlotte-Concord-Gastonia, NC-SC

Typical home value

$298,307^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.2%
5-year / yr: +5.7%
10-year / yr: +8.6%

Relative price

vs U.S.: +5.0%
vs metro: -11.0%
vs state: +4.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 28081 is worth $298,307 — 11.0% below the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have risen 1.2%. Homes here rent for a typical $1,645 a month — a 6.6% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,645^[2]
Gross yield: 6.6%^[2]
Cap rate: 4.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,064^[3]

#Climate risk

FEMA National Risk Index ratings for Cabarrus County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Relatively Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 29,075^[3]
Median household income: $71,665^[3]

#Migration

Household moves in and out of Cabarrus County over a year, from IRS tax-return data.

Net migration: +1,070^[5]
Moved in: 8,892
Moved out: 7,822

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 4
Middle: 1
High: 0

Kannapolis Middle
Middle · Grades 6–8 · Kannapolis City Schools
1,171 students
Charles E Boger Elementary
Elementary · Grades PK–5 · Cabarrus County Schools
887 students
Fred L Wilson Elementary
Elementary · Grades K–5 · Kannapolis City Schools
432 students
Shady Brook Elementary
Elementary · Grades K–5 · Kannapolis City Schools
311 students
North Kannapolis Elementary
Elementary · Grades PK–5 · Kannapolis City Schools
290 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.6%

Net yield (after ~40% expenses)4.0%

Annual rent$19,742

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,508

Loan principal$238,645

Down payment$59,661

Total interest paid$304,379

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.17

Monthly cost to own$1,929

Monthly rent$1,645

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 29th percentile^[1]
Rental yield: 82nd percentile^[2]
Property tax: 63rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 28081?: The typical home in 28081 is worth $298,307, based on the Zillow Home Value Index.
Are home values rising in 28081?: Home values in 28081 are up 1.2% over the past year, and up 5.7% a year over five years.
What is the typical rent in 28081?: A typical home in 28081 rents for about $1,645 a month, a gross rental yield of 6.6%.
What is the property tax rate in 28081?: The effective property tax rate in 28081 is 0.7% — roughly $2,064 a year on a typical home.
Who lives in 28081?: ZIP code 28081 has a population of 29,075 and a median household income of $71,665.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

28092 vs 28081 →
Lincolnton, NC
Typical home
$298,190
Gross yield
5.4%
28033 vs 28081 →
Crouse CDP, NC
Typical home
$297,687
Gross yield
—
28147
Salisbury, NC
Typical home
$296,823
Gross yield
4.7%
28138
Rockwell, NC
Typical home
$296,809
Gross yield
—
29712
SC
Typical home
$300,206
Gross yield
—
28023
China Grove, NC
Typical home
$295,531
Gross yield
5.9%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 28081 against any other ZIP — full side-by-side table.

Compare 28081 →

#Jump to section

U.S. ZIP Code · NC28081

Get more data on ZIPs like this

Get more data on ZIPs like this