34684, Palm Harbor, FL

The 34684 zip code of Palm Harbor, FL is located in Pinellas County and has a population of approximately 36,000. The median household income in this zip code is $101,500, and the median home value is $269,900. Home equity in this zip code has increased by an average of 8.5% over the past five years.

The main drivers of home equity growth in this zip code are strong job growth (+10%), low interest rates (-0.5%), and modest inflation (+0%). Additionally, home values have been buoyed by strong demand from local buyers and limited supply of homes for sale. Despite these positive factors, there are some risks to the continued growth of home equity in this area including rising interest rates (which could lead to a decline in home values), increasing competition from other areas for buyers (due to increased inventory), and possible economic slowdown or recession.