17901, Pottsville, PA

Pottsville, PA is located in Schuylkill County and has a population of just over 27,000. The zip code 17901 has a median household income of just over $42,000 and a median home value of just under $130,000. Home equity in the 17901 zip code is very high compared to most other zip codes in the United States. In fact, according to Zillow’s Home Value Index, Pottsville’s home equity is more than three times as high as the national average.

One reason for this high level of home equity in the 17901 zip code may be that Pottsville is a relatively affluent community. The median household income in Pottsville is above the national average and the percentage of households earning over $100,000 is also above average. Additionally, Pottsville has a low rate of unemployment (4% as of May 2017) which may contribute to higher levels of home equity.

Despite these factors, there are some risks associated with having high levels of home equity. For example, if interest rates rise significantly or if there are any major financial setbacks within the local economy, homeowners could find themselves struggling to pay off their mortgages or loans on their homes. Additionally, if the market for homes in the 17901 zip code declines significantly – either because of economic conditions or because people decide they no longer want to live in Pottsville – homeowners could find themselves losing a significant amount of money on their investments.