HousingHandbookReference data

U.S. ZIP Code · NC28470

Brunswick County · Wilmington, NC

Typical home value

$322,557[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.2%
5-year / yr
+5.7%
10-year / yr
+6.6%

Relative price

vs U.S.
+13.5%
vs metro
-14.9%
vs state
+13.3%
ZIP 28470 location in NC
Location of ZIP 28470 in NC

Price history

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

The typical home in 28470 is worth $322,557 — 14.9% below the Wilmington, NC median. Over the past year, values have risen 1.2%. Homes here rent for a typical $1,688 a month — a 6.3% 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
$1,688[2]
Gross yield
6.3%[2]
Cap rate
3.8%[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
11,219[3]
Median household income
$65,030[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
2
Elementary
1
Middle
0
High
1
  • West Brunswick High

    High · Grades 9–12 · Brunswick County Schools

    1,512 students

  • Union Elementary

    Elementary · Grades K–5 · Brunswick County Schools

    603 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 yield6.3%
Net yield (after ~40% expenses)3.8%
Annual rent$20,251

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$1,631
Loan principal$258,046
Down payment$64,511
Total interest paid$329,123

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 ratio1.21
Monthly cost to own$2,040
Monthly rent$1,688

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
15th percentile[1]
Rental yield
80th percentile[2]
Property tax
35th percentile[3]

Frequently asked

How much is a home worth in ZIP code 28470?
The typical home in 28470 is worth $322,557, based on the Zillow Home Value Index.
Are home values rising in 28470?
Home values in 28470 are up 1.2% over the past year, and up 5.7% a year over five years.
What is the typical rent in 28470?
A typical home in 28470 rents for about $1,688 a month, a gross rental yield of 6.3%.
What is the property tax rate in 28470?
The effective property tax rate in 28470 is 0.5% — roughly $1,691 a year on a typical home.
Who lives in 28470?
ZIP code 28470 has a population of 11,219 and a median household income of $65,030.

#Comparable ZIPs

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

  • Wilmington, NC

    Typical home
    $332,508
    Gross yield
    5.9%
  • Oak Island, NC

    Typical home
    $333,342
    Gross yield
    7.7%
  • Carolina Shores, NC

    Typical home
    $342,086
    Gross yield
    6.8%
  • St. Helena, NC

    Typical home
    $285,061
    Gross yield
  • Leland, NC

    Typical home
    $365,984
    Gross yield
  • Skippers Corner CDP, NC

    Typical home
    $368,631
    Gross yield
    7.7%

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