50316, Des Moines, IA

The 50316 zip code of Des Moines, IA is home to a population of over 217,000 people. The median household income in this zip code is $60,000, and the median home value is $163,500. Home equity in this zip code has increased significantly over the past few years, with the average home equity value increasing by almost 20%. This increase can be attributed to several factors:

1) Rising home prices – The average home price in the 50316 zip code has increased by almost 20% since 2013. This increase can be attributed to several factors including an influx of new residents and an increase in demand for housing due to economic growth.

2) Strong economy – The strong economy has led to an increase in jobs and wages, which has contributed to an increase in consumer spending and consequently an increase in home values.

3) Low interest rates – Low interest rates have made it easier for homeowners to borrow money against their homes and have helped fuel the rise in home equity values.