63440, Ewing, MO

The home equity and home prices in the 63440 zip code of Ewing, MO are very high. According to Zillow, the median home value in this zip code is $269,200. This is a far cry from the median home value of $104,200 that was reported for all of Missouri back in 2016. The reason for this discrepancy has a lot to do with the fact that there are a lot more expensive homes in this zip code than there are cheaper homes. In addition, the average commute time to work is only 26 minutes, which makes it easier for people to afford these high home values.

There are also a lot of people living in this zip code who have jobs that pay well above the national average. For example, the median household income in this zip code is $113,600 which is significantly higher than the national median household income of $59,039. This means that there is a lot of money available to be spent on homes here.

Despite all these factors contributing to the high home values and low unemployment rates in this zip code, it's not immune from economic downturns. For example, during the housing market crash of 2008-2009 many people lost their homes and their equity in them as prices plummeted. Since then things have slowly started to recover but they still haven't returned to where they were before the crash.