50837, Bridgewater, IA

The home equity and home prices in the 50837 zip code of Bridgewater, IA are very high. The median home value in this zip code is $224,000, which is more than triple the median home value in the United States. Additionally, the percentage of homes that are owned outright is much higher in this zip code than it is nationwide. This indicates that there are a lot of people who have a lot of money invested in their homes.

One reason why the home values in this zip code are so high is because there are a lot of affluent residents living here. The median household income in this zip code is $128,000, which is significantly higher than the median household income nationwide. Additionally, there are a lot of wealthy retirees living here, which has contributed to the high home values.

Despite these high home values, it's important to keep in mind that not everyone in this zip code can afford to buy a house at these prices. There are a number of people who live here who don't have enough money to buy a house on their own and need to get help from family or friends to purchase one. Additionally, there are also a number of low-income residents living here who may not be able to afford to buy a house even if they had enough money.