How much is a home worth in ZIP code 28083?

The typical home in 28083 is worth $269,143, based on the Zillow Home Value Index.

Are home values rising in 28083?

Home values in 28083 are up 0.7% over the past year, and up 6.3% a year over five years.

What is the typical rent in 28083?

A typical home in 28083 rents for about $1,739 a month, a gross rental yield of 7.8%.

What is the property tax rate in 28083?

The effective property tax rate in 28083 is 0.8% — roughly $2,258 a year on a typical home.

ZIP code 28083 has a population of 28,095 and a median household income of $66,257.

HousingHandbookReference data

…

U.S. ZIP Code · NC28083

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

Typical home value

$269,143^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.7%
5-year / yr: +6.3%
10-year / yr: +9.3%

Relative price

vs U.S.: -5.3%
vs metro: -19.7%
vs state: -5.4%

Price history

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

The typical home in 28083 is worth $269,143 — 19.7% below the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have risen 0.7%. Homes here rent for a typical $1,739 a month — a 7.8% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $1,739^[2]
Gross yield: 7.8%^[2]
Cap rate: 4.7%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $2,258^[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: 28,095^[3]
Median household income: $66,257^[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: 6
Elementary: 5
Middle: 0
High: 1

A L Brown High
High · Grades 9–12 · Kannapolis City Schools
1,776 students
Concord Lake STEAM Academy
Elementary · Grades K–8 · Concord Lake STEAM Academy
708 students
Royal Oaks Elementary
Elementary · Grades K–8 · Cabarrus County Schools
598 students
GW Carver Elementary
Elementary · Grades K–5 · Kannapolis City Schools
494 students
Forest Park Elementary
Elementary · Grades K–5 · Kannapolis City Schools
476 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 yield7.8%

Net yield (after ~40% expenses)4.7%

Annual rent$20,862

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$1,361

Loan principal$215,315

Down payment$53,829

Total interest paid$274,622

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 ratio1.02

Monthly cost to own$1,774

Monthly rent$1,739

Owning and renting are roughly even.

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: 61st percentile^[1]
Rental yield: 98th percentile^[2]
Property tax: 93rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 28083?: The typical home in 28083 is worth $269,143, based on the Zillow Home Value Index.
Are home values rising in 28083?: Home values in 28083 are up 0.7% over the past year, and up 6.3% a year over five years.
What is the typical rent in 28083?: A typical home in 28083 rents for about $1,739 a month, a gross rental yield of 7.8%.
What is the property tax rate in 28083?: The effective property tax rate in 28083 is 0.8% — roughly $2,258 a year on a typical home.
Who lives in 28083?: ZIP code 28083 has a population of 28,095 and a median household income of $66,257.

#Comparable ZIPs

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

28678 vs 28083 →
Stony Point CDP, NC
Typical home
$271,202
Gross yield
—
27054 vs 28083 →
NC
Typical home
$271,813
Gross yield
—
29729
Richburg, SC
Typical home
$272,204
Gross yield
—
28054
Gastonia, NC
Typical home
$273,106
Gross yield
6.4%
28098
Lowell, NC
Typical home
$274,098
Gross yield
—
29743
Smyrna, SC
Typical home
$275,036
Gross yield
—

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#Jump to section

U.S. ZIP Code · NC28083

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