49090, South Haven, MI

The home equity and home prices in the 49090 zip code of South Haven, MI are very high. The median home value in this zip code is $169,000, which is more than double the national median home value of $76,500. Additionally, the percentage of homes in this zip code that are worth more than $200,000 is extremely high at almost 60%. This indicates that there are a lot of wealthy people living in this area and that they are able to afford to buy expensive homes.

One reason why the home equity and home prices in this zip code are so high is because South Haven is a very affluent area. It has a median household income of over $101,000, which is higher than the national median household income of $53,657. Additionally, it has a poverty rate of only 2%, which is much lower than the national poverty rate of 15%. This indicates that there are a lot of well-off people living in this area and that they can afford to buy expensive homes.

Another reason why the home equity and home prices in this zip code are so high is because there are a lot of luxury homes available here. Almost half (47%)of all homes in this zip code are worth more than $200,000, which is far higher than the national average of just over 30%. This indicates that there are a lot of wealthy people living in this area and that they can afford to buy expensive homes.

Overall, it seems clear that the home equity and home prices in the 49090 zip code of South Haven, MI are very high. The median home value here is much higher than the national median value and there appears to be an abundanceof luxury homes available for sale. It's likely that these high values reflect boththe affluent natureofthisareaandthehighdemandforluxuryhomesinthisregionbywealthyindividualsandfamilies。