HousingHandbookReference data

U.S. ZIP Code · NC28134

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

Typical home value

$420,748[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.2%
5-year / yr
+6.0%
10-year / yr
+7.2%

Relative price

vs U.S.
+48.1%
vs metro
+25.5%
vs state
+47.8%
ZIP 28134 location in NC
Location of ZIP 28134 in NC

Price history

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

The typical home in 28134 is worth $420,748 — 25.5% above the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have fallen 1.2%. Homes here rent for a typical $2,444 a month — a 7.0% 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
$2,444[2]
Gross yield
7.0%[2]
Cap rate
4.2%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$3,027[3]

#Climate risk

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

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

#Who lives here

Population
13,245[3]
Median household income
$85,681[3]

#Migration

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

Net migration
+3,632[5]
Moved in
43,155
Moved out
39,523

Schools

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

Public schools
2
Elementary
2
Middle
0
High
0
  • Pineville Elementary

    Elementary · Grades K–5 · Charlotte-Mecklenburg Schools

    775 students

  • Sterling Elementary

    Elementary · Grades PK–5 · Charlotte-Mecklenburg Schools

    711 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.

Gross yield7.0%
Net yield (after ~40% expenses)4.2%
Annual rent$29,325

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.

Monthly payment$2,128
Loan principal$336,598
Down payment$84,150
Total interest paid$429,313

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.

Own : rent ratio1.12
Monthly cost to own$2,731
Monthly rent$2,444

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
47th percentile[1]
Rental yield
92nd percentile[2]
Property tax
72nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 28134?
The typical home in 28134 is worth $420,748, based on the Zillow Home Value Index.
Are home values rising in 28134?
Home values in 28134 are down 1.2% over the past year, and up 6.0% a year over five years.
What is the typical rent in 28134?
A typical home in 28134 rents for about $2,444 a month, a gross rental yield of 7.0%.
What is the property tax rate in 28134?
The effective property tax rate in 28134 is 0.7% — roughly $3,027 a year on a typical home.
Who lives in 28134?
ZIP code 28134 has a population of 13,245 and a median household income of $85,681.

#Comparable ZIPs

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

  • Belmont, NC

    Typical home
    $420,910
    Gross yield
    5.3%
  • Iron Station CDP, NC

    Typical home
    $422,865
    Gross yield
  • Lake Wylie CDP, SC

    Typical home
    $417,351
    Gross yield
    6.0%
  • Concord, NC

    Typical home
    $417,165
    Gross yield
    4.9%
  • Charlotte, NC

    Typical home
    $416,237
    Gross yield
    5.4%
  • Midland, NC

    Typical home
    $431,885
    Gross yield
    5.7%

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

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