54482, Stevens Point, WI

The Stevens Point, Wisconsin 54482 zip code has a population of around 30,000 people. The median household income in this zip code is $60,000 which is lower than the Wisconsin median household income of $70,000. The home equity in this zip code is around $130,000 which is lower than the Wisconsin home equity of $160,000. There are around 1,500 homes in this zip code and the average home value is around $155,000. This means that the home equity in this zip code is about half of what it is in the Wisconsin average home value.

One reason that the home equity in this zip code is lower than the Wisconsin average home value may be because there are a lot more homes available for sale in this zip code than there are homes available for purchase. Another reason could be that there are a lot more people who are underwater on their mortgages in this zip code than there are people who have positive equity in their homes. Finally, it could also be because interest rates have been higher here than they have been statewide or nationwide over the past few years which would make buying a house more expensive.