18301, East Stroudsburg, PA

East Stroudsburg, Pennsylvania is located in the 18301 zip code. According to the 2010 census, East Stroudsburg had a population of 24,819. The median household income was $50,711 and the median family income was $60,527. Home equity and home prices in East Stroudsburg are among the highest in the nation.

The average home price in East Stroudsburg is $269,000. The average home equity value is $288,000. The average mortgage debt for homes in East Stroudsburg is $161,500. This high level of home equity and home prices has resulted in a high level of homeownership in East Stroudsburg. As of 2013, 82% of households in East Stroudsburg were homeowners compared to the national average of 63%.

One reason why home equity and home prices are so high in East Stroudsburg is that there are very few housing restrictions on buyers or sellers. There are no zoning laws or building codes that restrict how many homes can be built or how large they can be. This lack of restrictions allows for developers to build new homes at a rapid pace which drives up prices and increases demand for homes.

Another reason why home equity and home prices are so high in East Stroudsburg is that there is a strong economy here. Jobs are plentiful and wages are rising which leads to more money being spent on housing costs including mortgage payments andhome Equity loans . In addition , low interest rates have helped to increase the value of homes even further .

In addition to strong economic conditions ,EastStroudburghasahigh percentageof families with children under 18 years old which contributesto higher levelsof demandforhousingandhomeequity .

Overall ,the combinationofhighlevelsofhomeequityandhomepricesinEastStroudburgmakes it oneofthemost desirable placesin Pennsylvaniato liveandraise a family .