34698, Dunedin, FL

The 34698 zip code of Dunedin, FL is located in the Tampa Bay Area and has a population of around 57,000. The median home value in this zip code is $236,500 which is above the national median home value of $177,500. The percentage of homes in this zip code that are owner-occupied is around 68%, which is above the national homeownership rate of 63%.

One reason that the home values in this zip code are high is because there are a lot of affluent residents living here. The median household income in this zip code is $101,000 which is well above the national median household income of $53,046. Additionally, Dunedin has a high percentage of college graduates (around 36%of residents have a college degree) which contributes to its high home values.

Another factor that contributes to high home values in this area are the low interest rates. Currently, the average interest rate on mortgages in this zip code is 3.5%, which is below the nationwide average interest rate of 4%. This low interest rate makes it easier for people to buy homes and increase their equity in their homes.