19710, Montchanin, DE

Montchanin is a small town located in Delaware County. The 19710 zip code covers the majority of Montchanin. According to the 2010 census, the population of Montchanin was 1,853. The median household income was $68,912 and the median family income was $75,000.

The home equity and home prices in the 19710 zip code of Montchanin are very high compared to other areas of Delaware County. In 2010, the median home value in this zip code was $269,100 which is more than twice as high as the median home value in Delaware County overall ($118,500). Additionally, the home equity in this zip code is also very high at $141,600. This means that homeowners in this area have a lot of equity in their homes relative to other residents of Delaware County.

One reason why homeowners have such a high level of equity in their homes is because there are relatively few foreclosure filings in this area. In 2010, there were only six foreclosure filings recorded within the 19710 zip code which is much lower than the countywide average of 21 filings per year. This indicates that homeowners here are generally able to keep their homes despite economic challenges that may be faced by other residents of Delaware County.

Overall, it appears that homeownership and home values are very high in Montchanin relative to other areas of Delaware County. This may be due to factors such as low levels of foreclosure activity and a strong economy overall