22849, Shenandoah, VA

The 22849 zip code of Shenandoah, VA is home to a population of around 10,000 people. The median household income in this zip code is around $75,000, which is considerably higher than the national median household income of $53,046. This high median income likely reflects the presence of a number of well-paid jobs in the area, as well as the relatively low cost of living.

Home prices in this zip code are also high relative to the national average. As of September 2017, the median home price in this zip code was $269,500. This represents a significant increase from the median home price in Shenandoah during both 2007 and 2016 (when it was $217,500 and $236,100 respectively). It is worth noting that while home prices have increased significantly over the past few years, they remain below their peak levels reached during the housing market crash of 2008.

Overall then, it can be said that homeownership rates and home prices are high in 22849 zip code of Shenandoah. This may reflect both strong demand for property within this area and limited supply – factors that have helped to drive up prices over time.