60203, Evanston, IL

The 60203 zip code of Evanston, Illinois has a population of about 60,000 people. The median household income in this zip code is about $101,000. The home equity and home prices in the 60203 zip code are both high.

The average home value in the 60203 zip code is about $1 million. The average home equity in this zip code is about $500,000. This means that the majority of homes in this zip code are worth more than their original value. Home values have increased significantly over the past few years, and they are projected to continue to increase in the future.

Home equity is important because it allows homeowners to borrow money against their homes without having to sell them or take out a loan on them. This allows homeowners to make large purchases or repairs without having to worry about having enough money available immediately. Homeowners who have high home equity values can also use their home equity to pay off other debts or invest in other assets such as stocks or bonds.