US ZIP Code
28743

Hot Springs, NC

Madison County  ·  North Carolina

● Active
👥 2,374 Population ↑ 19% since 2019
💰 $47,266 Median HH Income
▼ 38% below avg ↑ 23% since 2019
🎂 46.7 Median Age ↓ 6% since 2019
🏠 $150,900 Median Home Value
▼ 46% below avg ↓ 4% since 2019
🎓 31.9% College Grads
▼ 18% below avg
📊 4.6% Unemployment
≈ Avg ↓ 57% since 2019
ZIP Code Details
ZIP Code28743
CityHot Springs
StateNorth Carolina (NC)
CountyMadison County
Area Code828
Elevation2,007 ft
Latitude35.800283
Longitude-82.881224
TimezoneNew York (DST)
FIPS37115
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 45.5% (1,079) Female 54.6% (1,295) ♀

Race & Ethnicity

White: 97%Black: 1.4%Other: 1.6%Race
White97.0%
Black1.4%
Other1.6%

Age Breakdown

Under 5
3%
5–17
16%
18–24
7%
25–44
23%
45–64
30%
65+
9%

Key Indicators

Median Age46.7 yrs ↓ 6% since 2019
Avg Household Size2.39
Below Poverty13.5% ▲ 35% above avg
College Grads31.9% ▼ 18% below avg
Unemployment4.6% ≈ Avg
No HS Diploma13 (0.8%)
HS Graduate360 (22%)
Some College380 (23.2%)
Associates361 (22.1%)
Bachelors224 (13.7%)
Graduate Degree298 (18.2%)

Education

No HS: 0.8%HS Grad: 22%Some College: 23.2%Associates: 22.1%Bachelors: 13.7%Graduate: 18.2%Edu
No HS0.8%
HS Grad22.0%
Some College23.2%
Associates22.1%
Bachelors13.7%
Graduate18.2%
Housing & Income

Housing Tenure

Owner: 77.5%Renter: 22.5%Tenure
Owner77.5%
Renter22.5%

Home Value Distribution

Under $50k
20%
$50k–100k
16%
$100k–150k
14%
$150k–200k
13%
$200k–300k
21%
$300k–500k
10%
Over $500k
6%

Financials

Median HH Income$47,266 ▼ 38% below avg ↑ 23% since 2019
Median Home Value$150,900 ▼ 46% below avg ↓ 4% since 2019
Home/Income Ratio3.2x (nat avg ~3.5x)
Median Rent$573/mo ↓ 5% since 2019
Total Units1,447
Vacant Units466
Avg HH Size2.39

Income Distribution

Under $25k
28%
$25k–50k
21%
$50k–75k
21%
$75k–100k
12%
$100k–150k
12%
$150k–200k
3%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
85%
Walked
3%
Work From Home
13%

Commute Time

Under 15 min
39%
15–30 min
6%
30–45 min
12%
Over 45 min
44%
Housing Stock

Year Built

1940s–1950s
6%
1960s–1970s
14%
1980s–1990s
22%
2000+
58%

Summary

Total Units1,447
Vacant466
Owner Occupied77.5%
Renter Occupied22.5%
Avg HH Size2.39
Frequently Asked Questions
ZIP code 28743 is in Hot Springs, NC, in Madison County.
ZIP code 28743 is located in North Carolina (NC).
ZIP code 28743 is in Madison County, NC.
ZIP 28743 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 28743 is 2,374 people (ACS 2023).
The median household income in ZIP code 28743 is $47,266 (ACS 2023).
The median home value in ZIP 28743 is $150,900 (ACS 2023).
About ZIP Code 28743

ZIP code 28743 is located in Hot Springs, North Carolina, within Madison County. With a population of 2,374, this is a sparsely populated ZIP code with a mature community — the median age is 46.7 years. Economically, 28743 is a working-class ZIP code: the median household income of $47,266 is below the national average.

Real estate in ZIP code 28743 represents an affordable housing market. The median home value of $150,900 is below the national average. Renters can expect to pay around $573 per month in median rent. Homeownership is strong here — 77.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 4% since 2019.

The population of 28743 is primarily White (96.97%). Residents are moderately educated — 31.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 13.5%. Household income has grown by 23% since 2019.

The unemployment rate in 28743 stands at 4.6%, which is near the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 81%.

Overall, ZIP code 28743 in Hot Springs, NC is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 2,374 residents, a median household income of $47,266, and a median home value of $150,900, it offers a clear picture of life in this part of North Carolina.