63463, Philadelphia, MO

The 63463 zip code of Philadelphia, MO is located in the southeastern part of the city and has a population of approximately 134,000. The median home value in this zip code is $161,500, which is above the Missouri median home value of $137,500. The percentage of homes in this zip code that are owned by their occupants is 69%, which is above the Missouri average of 63%. Home equity in this zip code has increased by 7% over the past year and is projected to increase by an additional 5% over the next year. This growth can be attributed to strong job growth and low interest rates.

The average monthly mortgage payment for homes in this zip code is $1,829, which is below the Missouri average of $2,079. The percentage of homes that are owner-occupied in this zip code is 78%, which is above the Missouri average of 67%. There are a number of factors that contribute to high home equity levels in this area including low interest rates and strong job growth.