51601, Shenandoah, IA

The Shenandoah zip code 51601 has a population of just over 10,000 people and a median household income of just over $60,000. The home equity in this zip code is around $236,000, which is significantly higher than the Iowa median home equity of $130,000. This high level of home equity may be due to the high levels of education and income in this area. Additionally, the availability of jobs and low interest rates may also contribute to the high level of home equity in this zip code.

While there are some challenges facing homeowners in Shenandoah – such as rising property taxes – overall homeownership rates are high and stable across different age groups. Additionally, there is a strong demand for housing in Shenandoah which should support prices over time.