31815, Lumpkin, GA

The 31815 zip code of Lumpkin, GA has a population of just over 10,000 people. The median household income in this zip code is just under $50,000. This means that the home equity and home prices in this area are relatively low when compared to other areas of the country.

When looking at home equity and home prices in Lumpkin, GA, it is important to consider several factors. First and foremost, the average price of a home in this zip code is just over $100,000. This means that most homes here are not affordable for everyone. Secondly, the average loan-to-value (LTV) ratio for homes in this zip code is around 100%. This means that most people here are borrowing a large amount of money to purchase a home. Finally, the unemployment rate in Lumpkin is around 5%, which means that there are plenty of potential buyers available for homes in this area.

Overall, it can be said that the 31815 zip code of Lumpkin, GA has lower home equity and home prices when compared to other areas of the country. However, these values do vary depending on the specific location within this zip code.