50126, Iowa Falls, IA

The home equity and home prices in the 50126 zip code of Iowa Falls, IA are very high. The median home value in this zip code is $232,500, which is more than double the national median home value of $106,000. Additionally, the percentage of homes in this zip code that are owned outright is significantly higher than the national average of 63%. This suggests that there are a lot of people in this area who are able to afford to buy homes outright.

One reason why the home equity and home prices in this area are so high is likely because there is a lot of available land here. The 50126 zip code has a population density of only 2 people per square mile, which is much lower than the national average population density of 5 people per square mile. This means that there is plenty of room for families to buy homes and build up their wealth over time.

Another factor that may be contributing to the high home values in this area are the low unemployment rates. The unemployment rate in Iowa Falls currently stands at 2%, which is much lower than the national unemployment rate of 6%. This suggests that there are plenty of jobs available here for people who want them.

Overall, it appears that there are a lot of reasons why the home equity and home prices in the 50126 zip codeof Iowa Falls, IAare so high. It seems likely that these values will continue to increase over time as more families decide to move into this area and purchase homes outright.