55307, Arlington, MN

Arlington, MN is located in Ramsey County and has a population of approximately 44,000. The median household income in the zip code is $87,000 and the median home value is $269,500.

The 55307 zip code has seen an increase in home equity values over the past five years. In 2012, the home equity value was $236,200. This increased to $259,600 in 2015 and then to $271,800 in 2017.

There are several factors that have contributed to this increase in home equity values. One reason is that Arlington has experienced a strong economy over the past few years. Jobs have been plentiful and wages have been increasing, which has led to more people being able to afford homes. Additionally, there has been an increase in demand for homes due to rising prices across all areas of the country.

Despite these positive trends, there are some risks associated with high home equity values. If interest rates rise or if the market takes a downturn, homeowners could find themselves facing significant financial difficulties. Additionally, if someone needs to sell their home quickly due to a change in circumstances (e.g., they move out of state), they may not be able to get as much money for their house as they would have hoped due to its high value.

Overall though, it appears that Arlington's home equity values are continuing to rise and this trend looks likely to continue for at least another year or two."