14092, Lewiston, NY

Lewiston, NY is located in the Southern Tier region of New York State. The population of Lewiston was 24,827 as of the 2010 census. The median home value in Lewiston was $101,000 as of September 2013. Home equity is a key component of household wealth and has been shown to be a strong predictor of financial stability and overall well-being (Snyder et al., 2006).

According to Zillow, the average home value in the 14092 zip code increased by 8% from 2012 to 2013. This increase was above the national average rate of 6%. In addition, over the past five years (2012-2016), the average home value has increased by 27%. This indicates that there is strong demand for housing in this area.

The percentage of households with a mortgage in 14092 zip code was 54% as of 2016. This indicates that many households are able to borrow money to purchase a home. Additionally, homeownership rates have been increasing over time; currently it stands at 67%. This high rate indicates that many people are confident in their ability to maintain their homes and pay off their mortgages.