63780, Scott City, MO

The home equity and home prices in the 63780 zip code of Scott City, MO are very high. The median home value in this zip code is $217,000, which is more than double the national median home value of $130,000. Additionally, the percentage of homes in this zip code that are owned outright is significantly higher than the national average of 63%. This indicates that a large majority of homes in this zip code are owned by individuals or families who can afford to pay for them.

One reason for the high home values and ownership rates in this zip code may be its relatively affluent population. The median household income in this zip code is $101,000, which is well above the national median household income of $53,046. Additionally, nearly half (47%) of adults in this zipcode have a college degree or higher, which is much higher than the national average of 28%. These factors may contribute to why homes here are so expensive and popular among buyers.