47023, Holton, IN

The 47023 zip code of Holton, IN has a population of approximately 2,000 people. The median household income in the 47023 zip code is $60,000 and the median home value is $130,000. The average home equity in the 47023 zip code is $90,000.

There are a number of factors that contribute to the high home equity values in the 47023 zip code of Holton, IN. First and foremost, there are a large number of affluent residents living in this area. Secondly, many homes in this area were built prior to 2007, which means that they are relatively new and have high resale values. Finally, Holton is located in an affluent suburb of Indianapolis which also contributes to high home equity values.

Despite these positive factors, there are some challenges facing homeowners in the 47023 zip code of Holton. First and foremost, interest rates have been historically low which has made it difficult for homeowners to earn enough money to pay off their mortgages. Additionally, there has been an increase in mortgage delinquencies recently which could lead to decreased home values if not addressed quickly by lenders.