43750, Kipling, OH

The 43750 zip code of Kipling, OH is located in the northwestern part of the state and has a population of just over 10,000. The median home value in this zip code is $123,500 and the median home equity is $128,700. This means that Kipling residents have a relatively high level of home equity relative to other areas in Ohio.

One reason for this high level of home equity may be the fact that Kipling is a relatively affluent area. The percentage of households earning over $100,000 annually is above average for Ohio and the percentage of households earning over $200,000 annually is also above average. Additionally, Kipling has a higher than average percentage of college-educated residents (26% vs 21% statewide). These factors may contribute to the high level of home equity in this area.

Another factor that may contribute to the high level of home equity in Kipling is the low rate of foreclosure activity in this zip code. In 2017, only 2% of all homes in Kipling were foreclosed on – well below the statewide foreclosure rate (4%). This low rate may be due to strong economic conditions – as measured by unemployment rates – or it may be due to strong housing market conditions overall. Either way, it seems likely that homeownership and home equity are very stable in Kipling compared to many other areas across Ohio.