63014, Berger, MO

The 63014 zip code of Berger, Missouri has a population of approximately 2,000 people. The median household income in this zip code is $50,000 and the median home value is $135,000. The average mortgage rate in this zip code is 4.5%. Home equity in this zip code is estimated to be $115,000.

Berger has a median age of 36 years and a population that is almost half female. This suggests that there are likely many families who are looking to purchase their first home or expand their current home ownership opportunities. Berger also has a relatively low unemployment rate (4%) which may indicate that businesses are thriving in the area and creating jobs for residents. Additionally, Berger has an above-average percentage of college graduates (36%). This indicates that there may be high demand for housing in the area and that potential homebuyers may have access to a wide variety of quality options.

Despite these positive indicators, Berger's housing market appears to be experiencing some challenges at present. For example, the average mortgage rate in this zip code is higher than the national average (4.5%). Additionally, Berger's homeownership rate (68%) ranks below the Missouri state average (72%), indicating that there may be more demand for homes outside of Berger than within it at present time.

Nevertheless, despite these challenges, it appears that the Berger housing market remains healthy overall and offers potential homebuyers a wide range of options and affordability levels relative to other areas within Missouri as well as nationwide trends.