Due to seal level rise flooding, owners in the Carolinas have lost nearly $1.7 billion in property values since 2005.
According to a new analysis released by First Street Foundation, properties in five coastal states from Virginia to Florida have lost a combined $7.4 billion in value in the decade from 2005 to 2016.
Relatively speaking, North Carolina has not seen as much value decline, in part because the coastline in North Carolina isn't as developed as areas in Florida or South Carolina.
Still, First Street Foundation estimates a loss of $582 million in North Carolina.
"It is one thing to project what the future impacts of sea level rise could be, but it is quite another to know that the market has already responded negatively to this threat," said Steven A. McAlpine, head of Data Science at First Street Foundation.
Below is an interactive look at the most affected ZIP Codes, as well as the cities most impacted by sea level rise flooding.
