ZIP 28031 vs ZIP 28040
A side-by-side comparison of ZIP Code 28031 and ZIP Code 28040: population, income, housing, and more.
ZIP 28031 and ZIP 28040 are ZIP Code areas in North Carolina. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 28031 has the higher population (31,021 vs 7,047 in ZIP 28040). ZIP 28031 has the higher median household income ($115,746 vs $57,989 in ZIP 28040). ZIP 28031 has the higher median home value ($497,400 vs $148,000 in ZIP 28040).
Population, income & housing
| ZIP 28031 | ZIP 28040 | |
|---|---|---|
| Population | 31,021 | 7,047 |
| Median age | 45.4 yrs | 44.6 yrs |
| Median household income | $115,746 | $57,989 |
| Median home value | $497,400 | $148,000 |
| Median gross rent | $1,587 | $697 |
| Housing units | 14,194 | 3,396 |
| Homeownership rate | 72.1% | 85.3% |
| Bachelor's degree or higher | 60.6% | 18.3% |
| Unemployment rate | 3.9% | 7.4% |
Trends (ACS 5-year, 2019–2023)
| ZIP 28031 | ZIP 28040 | |
|---|---|---|
| Population | 28,077 → 31,021 (+10.5%) | 7,441 → 7,047 (-5.3%) |
| Median household income | $91,658 → $115,746 (+26.3%) | $41,354 → $57,989 (+40.2%) |
| Median home value | $314,600 → $497,400 (+58.1%) | $98,000 → $148,000 (+51.0%) |
| Median gross rent | $1,239 → $1,587 (+28.1%) | $696 → $697 (+0.1%) |
ZIP 28031
28,07731,021
$91,658$115,746
$314,600$497,400
$1,239$1,587
ZIP 28040
7,4417,047
$41,354$57,989
$98,000$148,000
$696$697
Age & race/ethnicity
Age distribution (share)
| ZIP 28031 | ZIP 28040 | |
|---|---|---|
| Under 5 | 4.0% | 5.0% |
| 5 to 17 | 18.3% | 14.9% |
| 18 to 24 | 6.3% | 9.9% |
| 25 to 34 | 7.8% | 12.7% |
| 35 to 44 | 12.9% | 7.8% |
| 45 to 54 | 16.0% | 20.3% |
| 55 to 64 | 14.5% | 11.4% |
| 65 to 74 | 12.8% | 10.7% |
| 75 and over | 7.5% | 7.3% |
Race & ethnicity (share)
| ZIP 28031 | ZIP 28040 | |
|---|---|---|
| White (non-Hispanic) | 81.9% | 86.5% |
| Black or African American | 4.3% | 3.5% |
| American Indian & Alaska Native | 0.0% | 0.1% |
| Asian | 2.4% | 0.3% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.2% | 2.5% |
| Two or more races | 4.8% | 3.6% |
| Hispanic or Latino | 6.3% | 3.5% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 28031 | ZIP 28040 | |
|---|---|---|
| No high school diploma | 2.8% | 12.6% |
| High school graduate | 11.4% | 31.0% |
| Some college or associate's | 25.2% | 38.1% |
| Bachelor's degree | 39.9% | 10.6% |
| Graduate or professional degree | 20.7% | 7.7% |
Commute to work
How workers get to work (share)
| ZIP 28031 | ZIP 28040 | |
|---|---|---|
| Drove alone | 66.2% | 84.4% |
| Carpooled | 5.1% | 8.0% |
| Public transit | 0.8% | 0.0% |
| Walked | 0.8% | 1.5% |
| Bicycle | 1.0% | 0.0% |
| Worked from home | 25.5% | 4.5% |
| Other means | 0.6% | 1.6% |
Housing
Units in structure (share)
| ZIP 28031 | ZIP 28040 | |
|---|---|---|
| 1-unit, detached | 61.8% | 70.3% |
| 1-unit, attached | 9.7% | 0.3% |
| 2 to 4 units | 4.2% | 2.1% |
| 5 to 19 units | 14.1% | 0.0% |
| 20 or more units | 9.2% | 0.0% |
| Mobile home & other | 1.0% | 27.3% |
Poverty & households
| ZIP 28031 | ZIP 28040 | |
|---|---|---|
| Poverty rate | 4.5% | 11.7% |
| Average household size | 2.37 | 2.40 |
| Mean commute (minutes) | 25 | 24 |
| Median year structure built | 2001 | 1981 |