57379, Virgil, SD

In the 57379 zip code of Virgil, SD, home equity and home prices are both high. The median home value in this zip code is $211,000, which is more than double the median home value in the state of South Dakota. Additionally, the percentage of homes that are worth more than their original purchase price is also high in this zip code. This indicates that there is a lot of wealth and opportunity available in this area.

One reason why home values are so high in the 57379 zip code of Virgil is because there are a lot of affluent residents here. The percentage of households earning over $100,000 per year is above average for South Dakota, and this contributes to the high home values. Additionally, there is a large number of jobs located in and around Virgil, which means that people can afford to buy homes here even if they do not have a lot of money saved up.

Another factor contributing to the high home values in the 57379 zip code of Virgil is the low unemployment rate. In fact, unemployment rates here are below average for South Dakota as a whole. This means that people who want to buy homes can do so without having to worry about finding a job soon afterwards. Furthermore, there are many new construction projects underway in this area which will only increase demand for housing over time.