52411, Cedar Rapids, IA

Cedar Rapids, Iowa is located in the eastern part of the state and has a population of over 100,000 people. The 52411 zip code covers a total area of just under 10 square miles and has a median household income of just over $60,000. Home prices in this zip code have been increasing rapidly in recent years, reaching an all-time high of $269,900 in March of 2017. This rapid increase in home prices has led to some concerns among local residents about the potential for a housing bubble.

Despite these concerns, it is important to keep in mind that home equity and home prices are not necessarily indicative of the health or stability of the economy. In fact, there are many factors that can influence both home equity and home prices, including interest rates, economic conditions (such as job growth or inflation), and local market conditions. So while it is certainly important to monitor these trends closely, it is also important to remember that they are only one factor – albeit an important one – when assessing the health of our economy.