36584, Vinegar Bend, AL

The 36584 zip code of Vinegar Bend, AL is located in the southeastern corner of the state and includes a population of just over 1,000 people. The median household income in this zip code is just over $50,000, which is significantly higher than the statewide median household income of just over $43,000. This high level of income indicates that there are a lot of affluent residents in this area.

One indicator of home equity in this zip code is the percentage of homes that are owned outright. In this zip code, nearly 60% of homes are owned outright, which is much higher than the statewide average ownership rate of just under 50%. This suggests that there are a lot of homeowners who have a significant amount of equity in their homes.

Another indicator of home equity in this zip code is the percentage of homes that are mortgaged. In this zip code, only about 30%of homes are mortgaged, which is lower than the statewide average mortgage rateof about 36%. This suggests that most homeowners in this area have enough equity in their homes to cover any potential losses if they were to lose their jobs or get into financial trouble.

Overall, it appears that most homeowners in the 36584 zip code have a lotof equityin theirhomesandarenot at riskof losingtheirpropertiesiftheyexperienceafinancialcrisisorlosetheirjobs.