18512, Scranton, PA

The 18512 zip code of Scranton, PA has a population of around 203,000 people and a median household income of $50,000. The home equity in this zip code is around $269,000 and the home prices are around $150,000.

There are a number of factors that contribute to the high home equity and home prices in this zip code. First, the population density is low in this zip code which means that there are fewer homes for sale than in other areas of the city. Second, the average age of homes in this zip code is lower than in other parts of Scranton which means that there is more demand for homes here. Finally, Scranton has seen strong growth over the past few years which has led to an increase in demand for housing stock.

Overall, it seems that homeownership rates and home equity values are both high in the 18512 zip code of Scranton due to strong demand from buyers and limited supply from sellers. While there may be some risks associated with buying or owning a home in this area (e.g., rising interest rates), overall it appears to be a good investment choice for those looking to buy or own a property here.