43302, Marion, OH

The 43302 zip code of Marion, OH has a median home value of $137,000. This is significantly lower than the national median home value of $217,500. The 43302 zip code also has a low home equity rate of just 5.5%. This means that the majority of homes in this zip code are not fully paid off and are more susceptible to potential financial setbacks such as foreclosure or bankruptcy.

Despite these challenges, there are some homeowners in the 43302 zip code who have been able to achieve significant equity growth over time. For example, one homeowner in this zip code who purchased their home in 2006 has seen their home equity grow by over $100,000! In addition to individual homeowners' success stories, there are also a number of businesses and organizations located in the 43302 zip code that have been able to achieve positive equity growth. For example, one small business located in this area has seen their home equity increase by over $200,000 since they first purchased their business location five years ago!

Overall, while the 43302 zip code is not immune from economic challenges such as low home equity rates and high levels of unemployment, there are many homeowners and businesses located here who have been able to achieve positive equity growth over time.