Location: Graham County, NC | Metro: Graham County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
The ZIP code 28733 stands out due to its unique demographic and economic characteristics. With only 63 residents, it represents one of the smallest communities tracked. Notably, there is no rental activity reported, indicating that this area is entirely owner-occupied. The median income for these residents is exceptionally high at $150,300, suggesting a wealthy population. However, the median home value is not available, which could imply either an extremely homogeneous housing stock or limited data.
Moving to the specifics of Section 8 housing assistance, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $950. This figure is critical for landlords considering participation in the program. Unfortunately, the market rent data is also not available, making direct comparisons challenging. Despite this, the high median income suggests that residents might be less reliant on housing vouchers, potentially reducing demand for Section 8 units in this ZIP code.
In summary, the data signature for ZIP 28733 reads as "stable." The lack of rental properties and the high median income indicate a community where homeownership is the norm and financial stability is widespread. While the exact market rent is unknown, the absence of rental activity implies little fluctuation in the housing market. Landlords should carefully consider the potential demand for Section 8 units before investing resources into this ZIP code, especially given the limited data available for precise analysis.
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.