28056, Gastonia, NC

The 28056 zip code of Gastonia, NC has a population of around 111,000 people. The median home value in this zip code is $161,500 which is about 2.5x the national median home value of $123,700. This means that the 28056 zip code has a higher than average home equity value relative to other areas in the country.

There are several factors that could contribute to the high home equity values in the 28056 zip code of Gastonia. One reason may be that there are a lot of affluent residents living in this area. Another reason could be that there are a lot of homeowners who have taken advantage of low interest rates over the past few years and have been able to increase their home equity values significantly.

Despite these high home equity values, it's important to keep in mind that not all homeowners in the 28056 zip code are doing well financially. There is a significant amount of homeowner debt in this area which could lead to problems down the road if interest rates rise or if there is another economic downturn.