U.S. ZIP Code · NC28516
Carteret County
Appreciation
- 1-year
- +4.1%
- 5-year / yr
- +6.8%
- 10-year / yr
- +6.6%
Relative price
- vs U.S.
- +49.5%
- vs metro
- —
- vs state
- +49.2%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 28516 is worth $424,667. Over the past year, values have risen 4.1%. Homes here rent for a typical $2,333 a month — a 6.6% 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.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Carteret County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively Low
- Coastal flood
- Relatively High
- Wildfire
- Relatively Low
- Drought
- Very Low
- Heat wave
- Relatively Low
- Hurricane
- Very High
- Tornado
- Relatively Low
- Earthquake
- Very Low
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of Carteret County over a year, from IRS tax-return data.
- Net migration
- +327[5]
- Moved in
- 2,353
- Moved out
- 2,026
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 4
- Elementary
- 2
- Middle
- 1
- High
- 1
East Carteret High
High · Grades 9–12 · Carteret County Public Schools
546 students
Beaufort Elementary
Elementary · Grades PK–5 · Carteret County Public Schools
367 students
Beaufort Middle
Middle · Grades 6–8 · Carteret County Public Schools
256 students
Tiller School
Elementary · Grades K–5 · Tiller School
201 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 28516?
- The typical home in 28516 is worth $424,667, based on the Zillow Home Value Index.
- Are home values rising in 28516?
- Home values in 28516 are up 4.1% over the past year, and up 6.8% a year over five years.
- What is the typical rent in 28516?
- A typical home in 28516 rents for about $2,333 a month, a gross rental yield of 6.6%.
- What is the property tax rate in 28516?
- The effective property tax rate in 28516 is 0.5% — roughly $1,977 a year on a typical home.
- Who lives in 28516?
- ZIP code 28516 has a population of 11,289 and a median household income of $66,057.
Compare ZIPs
Pit ZIP 28516 against any other ZIP — full side-by-side table.
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