21797, Woodbine, MD

The 21797 zip code of Woodbine, MD has a median home value of $209,000 and a median home equity value of $183,000. The home values in this zip code are higher than the Maryland median home value of $169,900 and the national median home value of $177,200. This indicates that there is an abundance of wealth in this area. Additionally, the average commute time to work is only 26 minutes which is very short compared to other areas in Maryland. This indicates that people living in this zip code are able to easily get to work.

Additionally, the percentage of households that own their homes outright is high at 84%. This indicates that many people in this area have enough money saved up to purchase their homes outright. This may be due to low interest rates or because the residents have been able to make wise financial decisions over the years. The percentage of households that owe more on their mortgage than their home equity is also low at 5%. This indicates that most people in this area are able to maintain a healthy level of equity in their homes.