46975, Rochester, IN

The Rochester, Indiana 46975 zip code has a population of around 36,000 people. The median household income in the zip code is $59,000, and the median home value is $130,000. Over the past five years, the home equity in this zip code has increased by an average of 10%. This increase can be attributed to a number of factors including rising home prices and increasing household incomes.

Over the past five years, Rochester's home equity has grown by an average of 10%. This growth can be attributed to a number of factors including rising home prices and increasing household incomes. In Rochester, both homeownership rates and home values have been on the rise for several years now. In fact, according to Zillow data from 2018, homeownership rates in this zip code are at an all-time high of 63%, while homes values have also increased by 5% over the past year alone. Rising home values are likely due to several factors including low interest rates and strong demand from buyers. Additionally, Rochester's economy is doing well overall which may help contribute to higher housing prices as well.

While it's important to note that not everyone in this zip code is experiencing these positive trends when it comes to their housing market – there are still many homeowners who are seeing significant gains in their equity levels over time. For example, according to Trulia data from 2019: "In [the] 46975 ZIP Code area there were 1128 homes that sold for more than their original purchase price between January 1st 2019 through December 31st 2019." This indicates that even within neighborhoods where housing values have increased significantly over time (and as a result seen some residents make large profits), there are still plenty of homeowners who have seen their equity levels grow substantially too – providing them with stability and security during these challenging times.