33763, Clearwater, FL

The 33763 zip code of Clearwater, FL has a median home value of $225,000. The home equity in this zip code is $128,000. This means that the average homeowner in this zip code has approximately 38% of their home's value invested in their home equity.

This percentage is slightly higher than the national average of 33%. One possible explanation for this may be that Clearwater is a coastal city which tends to have more expensive homes. Additionally, Clearwater is a popular tourist destination and may have more affluent residents who are able to invest in their homes.

Another factor that could contribute to the high percentage of homeowners with home equity in the 33763 zip code is the low interest rates available today. Low interest rates make it easier for people to borrow money and invest in their homes.

While there are many reasons why homeownership rates are high in the 33763 zip code, one potential downside could be increased vulnerability to economic downturns. If interest rates rise or if there is another recession, many homeowners who rely on their home equity for financial stability might find themselves struggling to repay their loans.