How much is a home worth in ZIP code 28422?

The typical home in 28422 is worth $333,342, based on the Zillow Home Value Index.

Are home values rising in 28422?

Home values in 28422 are up 1.5% over the past year, and up 4.7% a year over five years.

What is the typical rent in 28422?

A typical home in 28422 rents for about $2,126 a month, a gross rental yield of 7.7%.

What is the property tax rate in 28422?

The effective property tax rate in 28422 is 0.5% — roughly $1,691 a year on a typical home.

ZIP code 28422 has a population of 10,059 and a median household income of $69,412.

HousingHandbookReference data

…

U.S. ZIP Code · NC28422

Brunswick County · Wilmington, NC

Typical home value

$333,342^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.5%
5-year / yr: +4.7%
10-year / yr: +6.0%

Relative price

vs U.S.: +17.3%
vs metro: -12.1%
vs state: +17.1%

Price history

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

The typical home in 28422 is worth $333,342 — 12.1% below the Wilmington, NC median. Over the past year, values have risen 1.5%. Homes here rent for a typical $2,126 a month — a 7.7% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent: $2,126^[2]
Gross yield: 7.7%^[2]
Cap rate: 4.6%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,691^[3]

#Climate risk

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

Overall risk: Relatively High^[4]
Riverine flood: Relatively Moderate
Coastal flood: Relatively High
Wildfire: Relatively Moderate
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Very High
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 10,059^[3]
Median household income: $69,412^[3]

#Migration

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

Net migration: +3,474^[5]
Moved in: 7,974
Moved out: 4,500

Schools

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

Public schools: 5
Elementary: 3
Middle: 0
High: 2

Classical Charter Schools of Southport
Elementary · Grades K–8 · Classical Charter Schools of Southport
605 students
Virginia Williamson Elem
Elementary · Grades PK–5 · Brunswick County Schools
547 students
Bolivia Elementary
Elementary · Grades PK–5 · Brunswick County Schools
509 students
Brunswick County Early College
High · Grades 9–13 · Brunswick County Schools
363 students
The COAST
High · Grades 6–12 · Brunswick County Schools
54 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 yield7.7%

Net yield (after ~40% expenses)4.6%

Annual rent$25,507

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$1,686

Loan principal$266,674

Down payment$66,668

Total interest paid$340,128

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 ratio0.99

Monthly cost to own$2,105

Monthly rent$2,126

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: 12th percentile^[1]
Rental yield: 93rd percentile^[2]
Property tax: 27th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 28422?: The typical home in 28422 is worth $333,342, based on the Zillow Home Value Index.
Are home values rising in 28422?: Home values in 28422 are up 1.5% over the past year, and up 4.7% a year over five years.
What is the typical rent in 28422?: A typical home in 28422 rents for about $2,126 a month, a gross rental yield of 7.7%.
What is the property tax rate in 28422?: The effective property tax rate in 28422 is 0.5% — roughly $1,691 a year on a typical home.
Who lives in 28422?: ZIP code 28422 has a population of 10,059 and a median household income of $69,412.

#Comparable ZIPs

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

28401 vs 28422 →
Wilmington, NC
Typical home
$332,508
Gross yield
5.9%
28467 vs 28422 →
Carolina Shores, NC
Typical home
$342,086
Gross yield
6.8%
28470
Shallotte, NC
Typical home
$322,557
Gross yield
6.3%
28479
Leland, NC
Typical home
$365,984
Gross yield
—
28429
Skippers Corner CDP, NC
Typical home
$368,631
Gross yield
7.7%
28457
Rocky Point CDP, NC
Typical home
$372,933
Gross yield
—

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

Compare ZIPs

Pit ZIP 28422 against any other ZIP — full side-by-side table.

Compare 28422 →

#Jump to section

U.S. ZIP Code · NC28422

Get more data on ZIPs like this

Get more data on ZIPs like this