20170, Herndon, VA

The 20170 zip code of Herndon, VA has a population of around 102,000 people. The median household income in this zip code is $101,000, and the median home value is $370,000. The average home equity in this zip code is $236,000.

There are a number of factors that contribute to the high home equity values in the 20170 zip code of Herndon, VA. First and foremost, the area has a high concentration of affluent households. Second, there is a large number of families with children who are able to afford to buy homes due to their parents' wealth. Finally, the market for homes in this area has been relatively stable over the past few years.

Despite these positive factors, there are some potential risks that could affect home prices in the 20170 zip code of Herndon, VA over time. For example, if interest rates increase significantly from their current levels or if there is a sudden increase in demand for homes in this area due to economic growth prospects elsewhere in the country (e.g., China), then home values could decline significantly.