28722, Columbus, NC

The 28722 zip code of Columbus, NC is located in southeastern North Carolina and has a population of over 107,000. The median household income in this zip code is $60,000 and the median home value is $183,700. Home equity in this zip code has increased significantly over the past few years, with the average home equity balance increasing from $111,200 in 2012 to $158,500 in 2016. This increase can be attributed to strong economic growth and low interest rates.

While home equity is an important asset for many homeowners, it is also important to understand that it can be risky. If you are not able to pay your mortgage or other debts on your home, your home may become subject to foreclosure or sale at a reduced value. Therefore, it is important to maintain good credit and have enough money saved up so that you can cover any potential losses if something goes wrong with your home equity.