63050, Hillsboro, MO

The 63050 zip code of Hillsboro, Missouri has a population of around 30,000 people. The median household income in this zip code is $60,000 which is about average for the surrounding area. The home equity and home prices in this zip code are both relatively high when compared to other areas of the country.

The average home value in the 63050 zip code is $169,900 which is significantly higher than the national average of $130,000. The median home equity in this zip code is also much higher than the national median of $100,000. This indicates that many homeowners in this area have a considerable amount of equity in their homes.

One reason why the 63050 zip code has such high home values and home equity is because there are a lot of affluent residents living there. Many wealthy individuals choose to live in Hillsboro because it has a low cost of living and excellent schools. Additionally, Hillsboro is located close to major metropolitan areas such as St Louis and Kansas City which makes it an attractive place to live for people who want to be near major job centers.