50464, Plymouth, IA

The Plymouth, IA zip code 50464 has a population of just over 10,000 people. The median household income in this zip code is just over $60,000, and the median home value is just over $160,000. This means that the home equity and home prices in this zip code are both very high.

One reason that the home equity and home prices in this zip code are so high is because of the strong economy that Iowa has been experiencing lately. Jobs have been plentiful in Plymouth for years now, which has led to an increase in demand for homes. Additionally, many people who live in Plymouth own their homes outright rather than renting them, which also contributes to the high home values here.

Despite these positive factors, there are some risks associated with buying or owning a home in Plymouth. For example, if interest rates go up significantly from where they are currently (which is likely), then homeowners could find themselves facing significant financial challenges. Additionally, if there is a major housing market crash anywhere else in the country (which has happened before), then it could also have a negative impact on Plymouth homeowners' finances. However, overall it seems likely that the home equity and home prices in Plymouth will continue to rise for at least another few years – making it an excellent investment opportunity for those who are interested in buying or owning a property here!