16057, Slippery Rock, PA

The 16057 zip code of Slippery Rock, PA has a median home value of $135,000 and a median home equity value of $136,000. This is higher than the Pennsylvania median home value of $119,500 and the national median home equity value of $101,200. The 16057 zip code also has a lower than average homeownership rate of 63%. This is due in part to the high percentage of single-family homes in the area. Additionally, there are a large number of renters in the 16057 zip code.

The high median home values and low homeownership rate in the 16057 zip code may be indicative of several factors. First, there are many expensive homes in this area that have been well-maintained over time. Second, there is a large number of renters who may not be interested in or able to afford to purchase a home on their own. Finally, Slippery Rock is located in an affluent region with few job opportunities outside the city limits. As a result, many people who live in the 16057 zip code are able to afford to buy homes despite having low incomes.