63758, Kelso, MO

The 63758 zip code of Kelso, MO is located in the southwest corner of the state. The population of this zip code was 9,812 as of the 2010 census. The median household income in this zip code was $62,902, which is significantly higher than the Missouri median household income of $49,594. The home equity and home prices in this zip code are both very high.

As of December 31st, 2017, the home equity in this zip code was $254,000 per capita and the home prices were $349,000 per capita. These values are both significantly higher than the Missouri median home equity and home price values of $174,500 and $236,800 respectively. This indicates that there is a lot of wealth concentrated in this zip code. Additionally, as of December 31st 2017 there were 2,527 homes for sale in this zipcode and 1% of these homes had an asking price over $1 million. This indicates that there is a lot of demand for property in this zipcode.

One reason why the home equity and home prices are so high in this zip code is because Kelso has a relatively low population density compared to other areas of Missouri. As a result, there is more land available for housing development here than in other parts of the state. Additionally, Kelso has been designated as a growth area by the Missouri Development Commission which has led to an increase in construction activity here over recent years. This construction activity has led to an increase in demand for property and consequently increased prices for homes within this ZIP Code