30548, Hoschton, GA

The 30548 zip code of Hoschton, GA has a population of around 10,000 people and is located in the north-central part of the state. The median home value in this zip code is $119,000 which is lower than the statewide median home value of $217,500. However, Hoschton's home equity values are much higher than the statewide average as its homeowners have an average equity value of $236,700. This indicates that Hoschton residents are very confident in their homes and are willing to spend a significant amount of money to maintain and improve them.

One reason for Hoschton's high equity values may be its low unemployment rate as it sits at 3.4% compared to Georgia's overall unemployment rate of 5%. Additionally, Hoschton has a high percentage of college graduates (31%) which may also contribute to its high home equity values. Another factor that may contribute to Hoschton's high home equity values is its low foreclosure rate as only 2% of homes in this zip code are currently foreclosed on which is lower than the statewide foreclosure rate of 3%.

Overall, it appears that homeowners in the 30548 zip code are very confident in their homes and are willing to invest a significant amount of money into them to maintain their quality and value. This could be due to factors such as low unemployment rates and a high percentage of college graduates within the area.