53932, Fall River, WI

The home equity and home prices in the 53932 zip code of Fall River, WI are very high. The median home value in this zip code is $269,000, which is more than triple the median home value in Wisconsin as a whole. Additionally, the percentage of homes in this zip code that are owned outright is much higher than the statewide average of just over 30%. This suggests that there are a lot of people in this area who are able to afford to buy homes outright.

One reason why the home values in this zip code are so high is likely because there are a lot of affluent residents living here. The percentage of households earning over $100,000 per year is well above the statewide average and it has been increasing steadily over time. This suggests that there is a lot of money available to be invested in property here and that demand for homes has been strong.

Another factor that may be contributing to the high home values in this area is the fact that Fall River is located near several major cities. This makes it an attractive place to live for people who want access to all sorts of amenities and opportunities. Additionally, many people who live here commute into one or more larger cities for work, which means they have more money available to spend on housing each month.