12916, Brushton, NY

The 12916 zip code of Brushton, NY has a median home value of $130,000 and a median home equity value of $87,000. These values are significantly higher than the statewide median home value of $146,500 and the statewide median home equity value of $76,700. This indicates that homes in the 12916 zip code are more valuable than homes in other parts of New York State.

One reason for this elevated home value is likely the presence of affluent families in the 12916 zip code. The Census Bureau reports that the percentage of households earning over $200,000 annually is significantly higher in this zip code than in any other part of New York State. This high level of wealth may be contributing to the elevated home values in this area.

Another factor that may be contributing to these high home values is the low unemployment rate in Brushton. The unemployment rate here was 2.5% as of May 2017, which is much lower than the statewide unemployment rate (4%) or even some nearby zip codes with lower population densities (such as 13021 with an unemployment rate of 3%). This low level of unemployment may be attracting businesses and individuals who are looking for good jobs to settle down in Brushton and increase demand for housing here.