49715, Brimley, MI

Brimley, MI is located in Oakland County and has a population of just over 10,000 people. The median household income in Brimley is just under $50,000 and the median home value is just over $130,000. In terms of home equity, the 49715 zip code has a total value of $269,500. This means that the average homeowner in this zip code has around $68,500 worth of equity in their home.

There are a number of reasons why home equity values are high in Brimley. First and foremost, the area is relatively affluent and there are plenty of people who can afford to buy homes here. Second, there is a low rate of foreclosure activity in Brimley which means that homeowners who have good credit ratings can usually keep their homes even if they lose their jobs or get into financial trouble. Finally, there are relatively few homes on the market here which helps to keep prices high.

Despite these factors, it's important to remember that home equity values aren't static – they can fluctuate over time based on a number of factors including interest rates, inflation rates and market conditions. So while it's safe to say that homeowners in the 49715 zip code have plenty of equity in their homes right now, it's always worth keeping an eye on prices to make sure that you don't lose any money if something happens (like a job loss or an illness).