01852, Lowell, MA

The 1852 zip code of Lowell, MA includes a population of approximately 33,000 people. The median home value in this zip code is $128,000, which is significantly higher than the national median home value of $157,500. Additionally, the percentage of homes in this zip code that are owner-occupied is significantly higher than the national percentage of owner-occupied homes at 62%. This indicates that there are a greater number of households in this zip code that have access to equity in their homes than households across the nation.

One potential explanation for these high home values and homeowner percentages may be due to the fact that Lowell is located in one of the most affluent metropolitan areas in America - Massachusetts has been ranked as one of the wealthiest states in America for several years running. Additionally, many residents may have invested money into their homes over time through mortgage payments and other forms of equity accumulation. As long as these homeowners continue to make monthly mortgage payments and maintain their properties (which typically requires little maintenance), their home values will likely continue to appreciate over time.