27260, High Point, NC

The 27260 zip code of High Point, North Carolina is home to a population of around 116,000 people. The median household income in this zip code is $87,500, and the median home value is $225,000. Home equity in this zip code has been growing steadily over the past few years, reaching a peak of $236,000 in 2016. This growth can be attributed to several factors:

1) Low interest rates: Home equity loans are typically offered with low interest rates these days, which encourages people to borrow against their homes and invest the money elsewhere.

2) Strong economy: The economy has been strong overall over the past few years, which means that more people are able to afford homes and invest in their property values.

3) Increased demand for housing: There has been an increase in demand for housing over the past few years due to rising prices and limited availability. This increased demand has led to higher home values and greater home equity wealth in 27260 zip codes across the country.