32694, Waldo, FL

The 32694 zip code of Waldo, FL is located in Polk County and has a population of around 10,000. The median home value in this zip code is $133,200 which is above the Florida statewide median home value of $122,500. The average home equity in this zip code is $77,600 which is higher than the Florida statewide average of $60,700. This indicates that homes in the 32694 zip code are more valuable than homes statewide.

There are a number of factors that may contribute to the high home equity values in the 32694 zip code. One reason may be that Waldo is a desirable community with plenty of amenities and access to good schools. Additionally, many homeowners here have taken advantage of low interest rates over the past few years and have been able to increase their equity holdings significantly.

While there are some potential risks associated with having high home equity values, such as potential problems if interest rates rise or if the market for homes in this area crashes, overall it appears that homeowners in the 32694 zip code are doing well economically relative to other residents of Polk County.