13334, Eaton, NY

The 13334 zip code of Eaton, NY is located in Erie County and has a population of approximately 26,000. The median household income in the zip code is $101,000 and the median home value is $269,000. Home equity in this zip code has increased by over 50% since 2007 and is currently at an all-time high.

One reason for the increase in home equity in this zip code is that there are a number of affluent families who have been able to purchase homes at a discount due to the current low interest rates. Additionally, many homeowners have taken advantage of the recent market conditions by refinancing their mortgages several times. This has resulted in a large increase in home values across the entire region.

Despite these positive trends, there are still some areas of concern when it comes to home equity in this area. For example, there are a number of neighborhoods that have seen significant declines in home values over the past few years due to weak economic conditions and competition from other areas within Erie County. Additionally, there are a number of homes that were purchased pre-recession (before 2007) and have not yet experienced any significant price appreciation. As such, these homes may not be as valuable as they once were and could potentially experience further declines if the economy continues to weaken.