41604, Beaver, KY

The 41604 zip code of Beaver, KY has a population of around 10,000 people. The median household income in this zip code is around $50,000. The home equity in this zip code is around $200,000. This means that the majority of households in this zip code have at least some equity in their homes.

The reason that home equity is so important is because it allows households to use their homes as collateral for loans. This allows them to purchase items that they may not be able to afford otherwise, such as a new car or a house. Additionally, home equity can be used to pay off debts that are related to the mortgage on the home.

Overall, it appears that the homeownership rate in the 41604 zip code of Beaver is high. This indicates that there are a lot of households who own their homes outright or who have significant equity in their homes. This could be due to a number of factors, including low interest rates and strong economic conditions over the past few years.