HousingHandbookReference data

U.S. ZIP Code · NC28734

Macon County

Typical home value

$299,700[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.4%
5-year / yr
+7.6%
10-year / yr
+8.0%

Relative price

vs U.S.
+5.5%
vs metro
vs state
+5.3%
ZIP 28734 location in NC
Location of ZIP 28734 in NC

Price history

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

The typical home in 28734 is worth $299,700. Over the past year, values have risen 1.4%. Homes here rent for a typical $1,164 a month — a 4.7% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

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

Monthly rent
$1,164[2]
Gross yield
4.7%[2]
Cap rate
2.8%[2]

#Property tax

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

Effective tax rate
0.4%[3]
Typical annual tax
$1,250[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
No Rating
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
29,659[3]
Median household income
$54,021[3]

#Migration

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

Net migration
+247[5]
Moved in
1,132
Moved out
885

Schools

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

Public schools
10
Elementary
4
Middle
2
High
3
  • Franklin High

    High · Grades 9–12 · Macon County Schools

    1,036 students

  • Mountain View Intermediate

    Middle · Grades 5–6 · Macon County Schools

    605 students

  • Macon Middle School

    Middle · Grades 7–8 · Macon County Schools

    573 students

  • South Macon Elementary

    Elementary · Grades PK–4 · Macon County Schools

    477 students

  • Iotla Valley Elementary

    Elementary · Grades PK–4 · Macon County Schools

    417 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 yield4.7%
Net yield (after ~40% expenses)2.8%
Annual rent$13,965

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$1,515
Loan principal$239,760
Down payment$59,940
Total interest paid$305,801

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 ratio1.61
Monthly cost to own$1,870
Monthly rent$1,164

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 28734?
The typical home in 28734 is worth $299,700, based on the Zillow Home Value Index.
Are home values rising in 28734?
Home values in 28734 are up 1.4% over the past year, and up 7.6% a year over five years.
What is the typical rent in 28734?
A typical home in 28734 rents for about $1,164 a month, a gross rental yield of 4.7%.
What is the property tax rate in 28734?
The effective property tax rate in 28734 is 0.4% — roughly $1,250 a year on a typical home.
Who lives in 28734?
ZIP code 28734 has a population of 29,659 and a median household income of $54,021.

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