49322, Coral, MI

The zip code 49322 in the city of Coral, Michigan has a population of approximately 10,000 people. The median household income in this zip code is $62,500 and the median home value is $157,500. In terms of home equity, 49322 residents have an average net worth of $128,000. This means that 49322 residents have more equity in their homes than the national average.

There are several factors that contribute to the high home equity values in 49322. First and foremost, the area has a low unemployment rate which leads to more stable job markets and higher incomes. Additionally, there is a high concentration of educated and affluent residents who are able to afford to purchase homes at high prices. Finally, homeowners in this zip code are generally able to keep their homes for a long time due to strong market conditions and low foreclosure rates.