Wilmington, NC · standard

ZIP Code 28405

New Hanover County, North Carolina - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

29,152
468/sq mi High-density area
$70,274
Median income Near-median income area
$368,500
Median home value Above-median home value
41.0%
Bachelor's or higher Above-average bachelor's attainment

National ZIP placement

Wilmington pairs a below-median household income with upper-quartile home values, in a low-density, mixed-tenure area.

47th pct
household income, US ZIPs
Top 24%
home value, US ZIPs
468
people per sq mi
58%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 28405 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 28405 (Wilmington, NC) rose +2.3% from 2023 to 2024. The all-transactions index moved from 301.0 in 2023 to 308.1 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 28405 is a densely settled ZIP (a standard USPS delivery area) in Wilmington, New Hanover County, North Carolina, with 29,152 residents across 62.3 square miles, a density of 468 people per square mile, in the New York time zone.

ZIP 28405 lands in the middle-income range, with a median household income of $70,274 (2% above the average North Carolina ZIP), while per-capita income is $49,013. The poverty rate is 13.8%, with unemployment at 5.9%; those measures add context to the income figure. Median home value is $368,500 (42% above the average North Carolina ZIP) and median rent is $1,440; 57.6% of occupied homes are owner-occupied.

A solid share of residents have a four-year degree: 41.0% of adults hold a bachelor's degree or higher, the median age is 38, and the average commute is 21 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in New Hanover County, so 28405 can be compared with both its immediate and county-level context.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

View your shortlist → Compare ZIPs →

Top industries in ZIP 28405

Top 5 sectors by establishment count in Wilmington, NC

Which industries have the most business establishments in ZIP 28405.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 28405, Wilmington, NC · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

29,152

Population

62.3

Area (sq mi)

468

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 28405?

38.0

Median Age

48.5%

Male

51.5%

Female

7.8%

Foreign-Born

White 71.2%
African American 17.2%
Asian 1.4%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.8%
Hispanic or Latino 9.1%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$70,274

Median Household Income

+2% vs state ZIP avg

$49,013

Per Capita Income

13.8%

Poverty Rate

5.9%

Unemployment Rate

21.4 min

Mean Commute Time

How ZIP 28405 ranks among North Carolina ZIPs

Wilmington, NC household income vs. every North Carolina ZIP code

Median household income among 749 reporting North Carolina ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$70,274 Top 38% higher than 62% of 749 North Carolina ZIPs

This ZIP $0 $200K+ every North Carolina ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more North Carolina ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 61.8%
Bachelor's Degree or Higher 41.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

17,410

Total Housing Units

15,899

Occupied Units

1,511

Vacant Units

2.21

Avg Household Size

Occupancy Type

Owner 57.6%
Renter 42.4%

$368,500

Median Home Value

+42% vs state ZIP avg

$1,440

Median Rent

1993

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+2.3%

YoY Change (2024)

308

HPI Index (2000 = 100)

+208%

Total Change Since 2000

Home values in ZIP 28405 have increased 2.3% over the past year (2024). Since 2000, this ZIP has seen +208% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.7% 191
2021 +13.0% 215
2022 +17.9% 254
2023 +18.5% 301
2024 +2.3% 308

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,616 business establishments in ZIP 28405, employing approximately 26,113 people with a combined annual payroll of $1,682,060,000.

1,616

Businesses

26,113

Employees

$1.7B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 252 15.6%
Construction 211 13.1%
Professional, scientific, and technical services 171 10.6%
Other services (except public administration) 150 9.3%
Real estate and rental and leasing 132 8.2%
Wholesale trade 118 7.3%
Accommodation and food services 115 7.1%
Health care and social assistance 102 6.3%
Administrative and support and waste management and remediation services 98 6.1%
Finance and insurance 82 5.1%
Manufacturing 60 3.7%
Transportation and warehousing 37 2.3%
Information 32 2.0%
Arts, entertainment, and recreation 21 1.3%
Educational services 17 1.1%
Management of companies and enterprises 16 1.0%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 28405 vs 28403 →

ZIP 28405 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 28405 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 28405 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 28405 ranks #6 of 8 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
28403 Wilmington, NC 36,063 3.1 mi
28401 Wilmington, NC 22,094 5.5 mi
28429 Castle Hayne, NC 8,026 5.7 mi
28411 Wilmington, NC 31,962 5.0 mi
28480 Wrightsville Beach, NC 2,473 5.1 mi
28409 Wilmington, NC 31,296 7.6 mi
28412 Wilmington, NC 35,573 9.6 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 28405, both outside NC so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (29,152 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in New Hanover County

Frequently Asked Questions

What county is ZIP code 28405 in?

ZIP code 28405 (Wilmington) is located in New Hanover County, North Carolina. New Hanover County contains multiple ZIP codes, see the full list at /counties/new-hanover-nc.

What is the population of ZIP code 28405?

ZIP code 28405 in Wilmington, NC has a population of 29,152 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 28405?

The median household income in ZIP 28405 is $70,274, which is 8% below the national average of $76,288.

What is the average home value in ZIP 28405?

The median home value in ZIP 28405 is $368,500, which is 32% above the national average of $278,155.

What is the demographic makeup of ZIP 28405?

The largest racial group in ZIP 28405 is White at 71.2%. Hispanic or Latino residents make up 9.1% of the population.

How many businesses are in ZIP code 28405?

ZIP code 28405 has 1,616 business establishments employing approximately 26,113 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 28405?

The top industries by establishment count in ZIP 28405 are: Retail trade (252), Construction (211), Professional, scientific, and technical services (171). There are 16 industry sectors represented in total.

How have home values changed in ZIP code 28405?

According to the FHFA House Price Index, home values in ZIP 28405 increased by 2.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 208%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 28405?

In ZIP code 28405, 61.8% of residents aged 25+ have a high school diploma or higher, and 41.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).

What is the average commute time in ZIP 28405?

The mean commute time for workers in ZIP code 28405 is 21.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.

What percentage of residents own vs. rent in ZIP 28405?

In ZIP code 28405, approximately 57.6% of occupied housing units are owner-occupied and 42.4% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 28405?

The poverty rate in ZIP code 28405 is 13.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 28405's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.

Take this with you

What to do with ZIP 28405's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.