55943, Houston, MN

Houston, MN is located in the southeastern part of the state and has a population of about 100,000 people. The 55943 zip code has a median home value of $175,000 and a median household income of $60,000. Home equity is important to many people in Houston because it provides them with an opportunity to use their home as collateral for loans or to invest in other assets.

The average credit score for residents in the 55943 zip code is 740 which indicates that most people have good credit. This high credit score indicates that borrowers are likely to be able to get loans they need from lenders. The percentage of residents who own their homes outright is 68%, which is lower than the statewide average of 74%. However, this percentage has been increasing over time and it was only 44% when the survey was conducted in 2000. The percentage of homeowners who have taken out mortgages is also higher than the statewide average (25%). This indicates that Houston residents are more likely to borrow money to buy their homes than residents in other parts of Minnesota.

The average price per square foot for homes in Houston was $111 which was higher than the statewide average ($106). However, this price has been decreasing over time and it was $128 when the survey was conducted in 2000. The percentage of homeowners who paid cash for their homes was higher than the statewide average (42%). This indicates that many Houston residents prefer to purchase their homes without borrowing money from lenders.