36350, Midland City, AL

The 36350 zip code of Midland City, AL has a population of around 21,000 people. The median household income in this zip code is $41,500, and the median home value is $128,000. This means that the home equity in this zip code is around $60,000.

There are a number of factors that affect home equity in a zip code. The most important factor is the market conditions in that area. If there are a lot of homes for sale and the prices are high, then the home equity will be high too. Another factor that affects home equity is how much money people have saved up for a down payment on a house. If someone doesn't have enough money saved up to buy a house outright, then they may need to borrow money to buy it and their home equity will be lower than if they had more money saved up.

Overall, it seems that the 36350 zip code of Midland City has relatively high levels of home equity compared to other areas of Alabama. This might be because there are lots of houses for sale and the prices are high relative to other areas in Alabama.