11967, Shirley, NY

The 11967 zip code of Shirley, NY has a median home value of $213,000 and a median home equity value of $128,000. This is significantly higher than the statewide median home value of $146,500 and the nationwide median home equity value of $141,200. The 11967 zip code also has a significantly higher percentage of homes with a mortgage than the statewide or nationwide percentages. In fact, nearly two-thirds (64%) of homes in the 11967 zip code have a mortgage, compared to just over half (52%) of all homes in New York state and just over one-third (34%) of all homes in the United States.

One reason for this high percentage of mortgages in the 11967 zip code may be its high population density. Nearly three-quarters (73%)of residents living in the 11967 zip code are within 5 miles of downtown Shirley, which may make it more expensive to purchase or rent an apartment than areas with lower population densities. Additionally, many homeowners in this area may be able to afford larger mortgages because their home equity values are so high.