34667, Hudson, FL

Hudson, FL is located in Osceola County and has a population of just over 10,000. The zip code 34667 has a median household income of $41,811 and a median home value of $129,500. Home equity in this zip code is relatively high compared to other areas of the country. In fact, according to Zillow’s 2018 Home Value Index report, Hudson ranks as the third most expensive zip code in Florida with a median home value above $200,000.

One reason for this high home equity is likely due to the strong economy in Hudson over the past few years. The unemployment rate in Hudson was just 2.5% as of May 2018 which is much lower than the national average of 3%. Additionally, there are many jobs available in Hudson that pay well above the national average wage. This has led to an influx of people who are able to purchase homes here at prices that are higher than average.

However, there are some risks associated with having high home equity in Hudson. If the economy takes a downturn or interest rates rise significantly (which they have been known to do), homeowners could find themselves struggling to pay off their mortgages or loans on their homes. Additionally, if someone were to lose their job or experience other financial difficulties and were unable to make payments on their mortgage or loan, they could face foreclosure proceedings which would result in them losing their home equity investment.