34949, Fort Pierce, FL

The 34949 zip code of Fort Pierce, FL is located in the Treasure Coast region of Florida. The zip code has a population of approximately 113,000 and has a median household income of $50,000. The home equity and home prices in the 34949 zip code are below the national average.

The 34949 zip code has a low home equity and home prices relative to other areas in Florida. The median home value in the 34949 zip code is $164,500, which is significantly lower than the statewide median home value of $217,500 and the national median home value of $177,200. Additionally, the average mortgage debt per capita in the 34949 zip code is also lower than both statewide and national averages. The average mortgage debt per capita in Florida is $106,700 and nationally it is $137,100. This indicates that many households in the 34949 zip code are struggling to pay off their mortgages.

One reason for this low level of home equity and home prices may be due to Fort Pierce's low unemployment rate. The unemployment rate in Fort Pierce was 3% as of May 2017, which is lower than both statewide (4%) and national (5%) rates. Additionally, Fort Pierce has a high percentage of college graduates (41%), which may help to explain why more households have access to higher-paying jobs that can help them afford larger homes or mortgages.