Location: Jackson County, NC | Metro: Jackson County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,040 |
| 1 Bedroom | $1,080 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
The ZIP code 28725 stands out due to its unique demographic and economic characteristics. With only 90 residents, it has a very low population density, which is unusual for a ZIP code. Additionally, 67.9% of these residents rent their homes, indicating a significant rental market despite the small size. The median income of $57,750 suggests that while the area is not wealthy, it is not impoverished either, falling into a moderate income range.
The median home value is listed as N/A, which could imply that there is limited data available on homeownership values or that the majority of the housing stock is rented, making it difficult to calculate an accurate median home value. This further emphasizes the rental nature of the area.
Moving to the voucher economics, the Fair Market Rent (FMR) for ZIP 28725 is set at $1,110 for fiscal year 2026. This figure closely aligns with the market rent of $1,107, based on Census ACS data. The similarity between the FMR and market rent indicates that the rental subsidies provided through the Section 8 program are well-calibrated to the local market conditions. Landlords can expect a stable demand for rental units from tenants using vouchers, with minimal discrepancy between the subsidized rates and actual market rates.
Given the data, ZIP 28725 appears to be in a relatively stable state. The high percentage of renters combined with the accurate alignment of FMR and market rents suggests that the housing market is predictable and reliable for landlords and small-portfolio investors. However, the small resident population and lack of median home value data hint at a transitional aspect, where changes in the number of residents or shifts in the housing market could have significant impacts on the overall stability of the area.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.