53533, Dodgeville, WI

The Dodgeville, WI 53533 zip code has a population of around 20,000 people. The median household income in the zip code is $60,000 and the median home value is $158,500. In terms of home equity, the median homeowner in the 53533 zip code has around $77,500 in equity.

There are a number of reasons why home values in the 53533 zip code are high. First and foremost, Dodgeville is a desirable place to live. It has a low crime rate and excellent schools. Furthermore, there is plenty of housing available in the area and demand is high due to its proximity to Madison and other major cities. Finally, Dodgeville is experiencing strong economic growth which is contributing to rising home values.

Despite these positive factors, there are some potential risks that could impact home values in the 53533 zip code over time. For example, if interest rates rise significantly or if there are any significant changes in local economic conditions (e.g., a recession), then homeowners may find it harder to sell their homes for top dollar. Additionally, although Dodgeville's economy continues to grow relatively steadily, it's possible that this growth could slow down over time or that new development could lead to increased competition for housing stock (which would drive down prices).