52807, Davenport, IA

The 52807 zip code of Davenport, IA has a population of around 36,000 people. The median household income in this zip code is $60,000 which is above the Iowa median household income of $53,482. The home equity in this zip code is around $225,000 which is above the Iowa median home equity of $174,500. This indicates that there are more homeowners in this zip code with a higher level of home equity than renters.

There are a number of factors that could contribute to the high level of home equity in this zip code. Some potential reasons include:

-The availability of affordable housing: In Davenport, IA there are a number of affordable neighborhoods that could make it easier for families to buy homes. Additionally, the city has been proactive in developing new neighborhoods that are more affordable and accessible for families. This has helped to increase the number of homeowners in this area.

-Strong economy: The economy has been strong over the past few years which could lead to increased demand for homes and increased prices for properties. Additionally, there have been few major natural disasters or economic downturns within the past few years which could also contribute to high levels of home equity.