35171, Thorsby, AL

When people think of home equity, they often think of the value of their home. However, there are other ways to measure home equity. One way is to look at how much money people have left over after they have paid off all their debts and expenses related to their home. This is called "net worth." In Thorsby, AL, the average net worth in 2016 was $128,000. This means that most people in this zip code have a lot of equity in their homes.

Another way to measure home equity is to look at how much money people owe on their homes. This number is called "home mortgage debt." In Thorsby, AL, the average home mortgage debt in 2016 was $153,000. This means that most people in this zip code are able to afford their homes without having to borrow too much money from the bank or other lenders.

Overall, it can be said that most people in Thorsby have a lot of equity in their homes and are able to afford them without having to borrow too much money from the bank or other lenders.