Home Affordability in 28201

Charlotte, NCMecklenburg County

The median home price in ZIP code 28201 (Charlotte) is $365,000 with a median household income of $60,000. The price-to-income ratio is 6.1x.

Median Home Price

$365,000

Median Income

$60,000

Price-to-Income

6.1x

Est. Affordable Home

$233,000

Property Tax Rate

0.82%

Annual Property Tax

$2,993

Cost of Living

100

Metro Area

Charlotte MSA

Down Payment Scenarios for ZIP 28201

Down PaymentAmountLoan AmountPMI
3%$10,950$354,050Yes
5%$18,250$346,750Yes
10%$36,500$328,500Yes
20%$73,000$292,000No

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