22204, Arlington, VA

Arlington, VA is a suburban city located in the Washington, D.C. metropolitan area. As of the 2010 census, the population was 209,966. The median household income was $92,821 and the median family income was $130,543. In 2012, Forbes ranked Arlington as one of the best places to live in America.

The 22204 zip code covers parts of Arlington County and includes some neighborhoods within Alexandria City as well. Home prices in this zip code have increased significantly over the past several years and are now among the highest in Virginia. According to Zillow’s 2016 National Home Value Survey, home values in this zip code were $269,200 on average (up from $223,700 in 2013). This represents a growth rate of 16%.

One reason for this increase is that Arlington has experienced strong job growth over the past few years. The city has been home to many large government organizations such as NASA and General Dynamics Corporation (which makes military hardware). As a result, there are many jobs available and people are able to afford higher-priced homes. Additionally, Arlington is located near many popular tourist destinations such as Washington D.C., Mount Vernon Estate and George Washington Memorial Parkway which also contributes to its high home values.

Despite these positive factors contributing to home prices in this zip code, there are some potential risks that could impact prices down the road. For example, if economic conditions worsen or if there is a sudden increase in interest rates (which has happened before), then homeowners may find it harder to sell their homes at current prices. Additionally, although crime rates have decreased overall since 2000 according to FBI data (although they remain high compared with other U .S . cities), crime rates can still increase particularly near schools or busy areas which could lead some buyers to shy away from this area altogether .

In conclusion ,home equity and home prices continue to rise rapidly in Arlington , VA due largely to strong job growth combined with increasing demand from affluent buyers . However ,there are some potential risks that could cause prices heretofore unimaginable t o decline suddenly or even decrease nationwide