44615, Carrollton, OH

The home equity and home prices in the 44615 zip code of Carrollton, OH are very high. The median home value in this zip code is $269,000, which is more than triple the national median home value of $117,500. Additionally, the percentage of homes in this zip code that are worth more than $300,000 is significantly higher than the national percentage of homes that are worth more than $300,000. This indicates that there is a high demand for properties in this zip code that are worth a significant amount of money.

One reason why the home equity and home prices in this zip code are so high is because there is a large number of affluent residents living in this area. The population density in this zip code is low compared to other areas of the country, which allows for a greater number of expensive homes to be built. Additionally, Carrollton has been designated as a “smart growth” city by the Ohio Department of Developmental Services, which means that it has been designed with future growth in mind and will not experience excessive development pressure like many other cities do. This means that there will be room to increase property values even further over time without causing too much disruption to the local community.

Despite these factors contributing to high home equity and home prices in 44615 zip code Carrollton residents have been able to benefit from strong economic conditions over recent years. The unemployment rate here was 3% as of December 2016 which was lower than both the Ohio state unemployment rate (4%) and the national unemployment rate (4%). Additionally, wages have continued to grow at an above-average pace since 2010 despite inflation being relatively low overall – meaning that most people who live here can afford to buy a house even if their income does not exceed certain thresholds.