43783, Somerset, OH

The zip code of 43783 in Somerset, Ohio has a population of about 10,000 people. The median household income is $50,000 and the median home value is $130,000. The home equity in this zip code is about $60,000.

There are a number of factors that affect the home equity in a zip code. One factor is the rate of inflation. Another factor is the interest rate on mortgages. Another factor is the availability of credit.

In general, homes that are closer to downtown or major shopping areas have higher home values than homes in rural areas or suburbs. This is because there are more jobs and businesses in downtown areas and suburban areas have access to larger pools of potential buyers.

Another factor that affects home values is the level of crime in a zip code. A high level of crime can lead to increased insurance premiums and decreased property values.