61236, Barstow, IL

The Barstow zip code 61236 has a population of approximately 10,000 people. The median household income in the zip code is $51,000, and the median home value is $144,000. The home equity in the zip code is approximately $86,000.

There are a number of factors that contribute to the high home equity in the Barstow zip code. First, there are a large number of families with children living in the area. This means that there are a lot of families who have been able to save up their equity over time and use it to purchase their homes. Second, Barstow is located in a relatively rural area with few major businesses or attractions nearby. This means that people who live in the area can generally afford to buy homes that are larger than those found elsewhere in town. Finally, Barstow has seen relatively low levels of inflation over the past few years which has helped to keep prices high on homes here.

Despite these positive factors, there are some challenges facing homeowners in the Barstow zip code 61236. First, while prices have remained high on homes here for many years now, they may not continue to do so for much longer given current market conditions. Second, while most homeowners here have plenty of equity in their homes, if they were to lose their jobs or experience other financial difficulties they may find it difficult to come up with enough money to cover any outstanding debts on their property or pay off any mortgages that they may have taken out on their home.