32084, Saint Augustine, FL

The 32084 zip code of Saint Augustine, FL is home to a population of around 30,000 people. The median household income in this zip code is $60,000, and the median home value is $225,000. This makes the 32084 zip code one of the more expensive zip codes in Saint Augustine.

Home equity and home prices are important indicators of the health of a local economy. When housing prices are high, it indicates that there is strong demand for homes in that area. This means that businesses have an incentive to invest in this area, which will create more jobs and increase economic growth.

In addition to providing stability for homeowners and investors, high home values also contribute to tax revenues. Over time, increased property values can result in larger government budgets due to increased taxes on property ownership (such as real estate taxes and inheritance taxes). Therefore, it is important for local governments to monitor housing prices closely so that they can ensure that they are generating the most revenue possible.