10950, Monroe, NY

The 10950 zip code of Monroe, NY has a median home value of $137,000. This is higher than the statewide median home value of $123,500. The 10950 zip code also has a higher than average percentage of homes with a mortgage at 84%. This is higher than the statewide average of 72%. There are also more homes in this zip code that are worth over $1 million.

One reason that the 10950 zip code has such high home values and percentages of homes with mortgages is likely because it is located in one of the wealthiest counties in New York State. The median household income in Monroe County is over $130,000 which means that there are plenty of people who can afford to buy a home and put down a large chunk of money on a mortgage. Additionally, many people who live in this zip code may be able to get help from their employer or government programs like FHA or VA loans to help them purchase their home.