46219, Indianapolis, IN

The Indianapolis zip code 46219 has a population of over 1 million people and is one of the most populous areas in Indiana. The median home value in this zip code is $183,200, which is significantly higher than the national median home value of $157,700. The average home equity in this zip code is $130,000, which is also significantly higher than the national average of $77,200. In addition, the percentage of homes that are owner-occupied in this zip code is above the national average of 63%. This indicates that there are a lot of homeowners in this area who are able to use their home equity to finance other expenses or investments.

One reason why homes in this area are so valuable is because Indianapolis has a strong economy. The city has been ranked as one of the best places to live by Forbes magazine for several years and has a low unemployment rate. Additionally, Indianapolis has a high quality of life and plenty of amenities that make it an attractive place to live. This includes excellent schools and hospitals as well as access to cultural attractions and recreational opportunities. Therefore, it's not surprising that homes in this area are worth a lot more than homes in other parts of the country.