31771, Norman Park, GA

The 31771 zip code of Norman Park, GA has a population of approximately 10,000 people. The median household income in this zip code is $81,500 and the median home value is $224,500. This means that the home equity in this zip code is approximately $176,000 and the home prices are above average for the area.

There are a number of factors that contribute to the high home values in this zip code. First, Norman Park is located in a desirable area with plenty of amenities and opportunities for growth. Second, there is strong demand for housing in this area due to its excellent schools and job opportunities. Finally, many homeowners have taken advantage of low interest rates over the past few years to invest their money into their homes instead of taking out loans or using it elsewhere. As a result, there are more homeowners who are able to sell their homes at higher prices than would be possible if interest rates were higher or if there was less demand for housing in the area.