01095, Wilbraham, MA

Wilbraham, MA is located in the 1095 zip code. According to the 2010 census, the population of Wilbraham is 8,839. The median household income in Wilbraham is $101,912. The median home value in Wilbraham is $269,000.

The average home equity and home prices in the 1095 zip code of Wilbraham are significantly higher than the national average. In fact, according to Zillow’s Home Value Index (HVI), the average home equity and home prices in Wilbraham are 5% and 9% higher than the national average respectively. This indicates that homeowners in this zip code are very confident in their homes’ values and are not likely to sell anytime soon.

One reason why homeownership rates are high in this zip code is because there are a lot of affluent residents here. The median household income in Wilbraham is $101,912 which is well above the national median of $53,482. Additionally, nearly half (48%) of households in this zip code have an annual income over $200K which is also well above the national median of 33%. Therefore, it's no surprise that homeownership rates are high here because most people can afford to buy a house even if their incomes aren't exactly high-income levels.

Another reason why homeownership rates are high in this zip code is because there isn't a lot of competition for homes here. There are only 2 other ZIP codes within a 15-mile radius of Wilbraham where more than half (53%)of households have an annual income over $200K which means that there aren't many potential buyers looking for homes here on either side of the market spectrum. This makes it easier for buyers to find what they're looking for and sets up sellers with more confidence when negotiating with potential buyers since they know that there isn't going to be too much competition from other interested parties..