33064, Pompano Beach, FL

The 33064 zip code of Pompano Beach, FL is located in Broward County and has a population of approximately 114,000. Home prices in the 33064 zip code have increased by an average of 5.5% over the past year, which is higher than the national average of 3.8%. The median home value in the 33064 zip code is $269,200 which is significantly higher than the Florida median home value of $146,800.

There are a number of factors that contribute to the high home values in the 33064 zip code including its proximity to Miami and Fort Lauderdale, its low unemployment rate (4.1%), and its strong economy. Additionally, Pompano Beach has been designated as a "Gold Coast" city by Forbes magazine which means that it has a high quality of life and excellent amenities.

Home equity is important for many people because it provides them with financial stability and allows them to invest their money in other opportunities such as purchasing a new home or taking out a loan to purchase another property. Home equity can also be used to pay off debt or cover unexpected expenses such as medical bills or car repairs. The increase in home values over the past year indicates that there are plenty of potential buyers who are interested in purchasing homes in the 33064 zip code.