16694, Wood, PA

The 16694 zip code of Wood, PA is located in the Lehigh Valley region of Pennsylvania. The zip code has a population of around 21,000 and an average household size of 2.54 people. The median income for residents in the 16694 zip code is $86,500. Home prices in the 16694 zip code have increased significantly over the past few years, reaching a median price of $158,900 as of February 2019. This increase in home prices has led to significant increases in home equity for residents in the 16694 zip code. As of February 2019, homeowners with a home equity value greater than 50% of their total household assets had an average net worth of $141,700. Homeowners with a home equity value greater than 75% of their total household assets had an average net worth of $183,600. These high levels of home equity are likely to continue to grow over time as the market continues to strengthen in Wood, PA.