17923, Branchdale, PA

Branchdale, PA is located in Bucks County and has a population of just over 10,000. The zip code 17923 has a median home value of $137,500 and a median household income of $81,500. The majority of homes in the zip code are occupied by families with children. There are also a significant number of single-family homes and condos in the area.

The average age of homes in the 17923 zip code is around 37 years old. This is slightly higher than the national average, but it is still considered to be relatively young compared to other areas in Pennsylvania. In terms of ethnicity, the majority of residents are white (62%), followed by black (24%) and Asian (4%). There is also a small percentage of Hispanic/Latino residents (3%).

One important factor that affects home prices in Branchdale is interest rates. The average interest rate for mortgages in the 17923 zip code is currently 3%. This means that homeowners can expect to pay around $1,200 per month on their mortgage if they have a 30-year fixed-rate loan. If they choose to take out a 15-year mortgage instead, they will pay around $900 per month on their loan – which is still quite affordable compared to many other areas in Pennsylvania.

Overall, it appears that homeownership rates and home values are both high relative to other areas in Bucks County – which may be due to the low interest rates or strong demand from buyers. It will be interesting to see how these trends change over time as interest rates rise or market conditions change – but for now, it seems like Branchdale residents are doing well when it comes to owning their own homes!