14559, Spencerport, NY

The Spencerport zip code 14559 has a population of about 9,000 people. The median household income in this zip code is $87,500, and the median home value is $269,500. This means that the home equity in this zip code is quite high.

One reason for this high home equity may be the low unemployment rate in this zip code. The unemployment rate in Spencerport was 3.8% as of May 2017, which is lower than the national average of 4.1%. This low unemployment rate may be contributing to the high home equity in this zip code.

Another reason for the high home equity in this zip code may be the low number of foreclosures in Spencerport. As of May 2017, there were only four foreclosure filings recorded in Spencerport – which is much lower than the national average of 1,570 foreclosure filings per 100,000 people. This low number of foreclosures may be contributing to the high home equity in this zip code.