30122, Lithia Springs, GA

The 30122 zip code of Lithia Springs, GA has a population of around 26,000 people. The median household income in this zip code is $50,000 which is lower than the national median household income of $53,046. However, the median home value in this zip code is $217,500 which is higher than the national median home value of $185,800. This indicates that there are a lot of homes in this zip code that are worth more than the average American home.

One reason why there are so many homes in this zip code that are worth more than the average American home is because there are a lot of affluent people living in Lithia Springs. The city of Lithia Springs has a population density of just over 1,000 people per square mile which means that there are a lot of wealthy people living here. Furthermore, the city has a high rate of college education which means that there is a lot of high-income earners living in Lithia Springs. Therefore, it is not surprising that the median home value in this zip code is higher than the national median home value.

Another reason why there are so many homes in this zip code that are worth more than the average American home is because housing prices have been increasing faster here than anywhere else in America over the past few years. In fact, housing prices have increased by an average of 10% each year over the past five years which means that homes here have become much more expensive compared to other parts of America during that time period. This increase in housing prices has led to an increase inhome equity for residents here and has made it easier for them to buy additional property or take out loans to purchase additional property.