66111, Kansas City, KS

The 66111 zip code of Kansas City, KS has a population of over 260,000 people and a median household income of $72,000. The home equity in this zip code is estimated at $1.3 trillion, which is more than the GDP of all but twenty-eight countries in the world. The home prices in this zip code are also high, with a median price of $269,900.

There are several reasons why the home equity and home prices in the 66111 zip code are so high. First, there is a large population density in this area which means there is a lot of demand for homes. Second, many people in this zip code have high incomes which allows them to purchase expensive homes. Third, there is a lot of investment money available to buy homes in this area because of the high home equity values. Fourth, the market conditions for housing are very favorable right now due to low interest rates and strong economic growth rates. Fifth, many people who live in the 66111 zip code have access to generous mortgage financing options because of their high incomes. Sixth, the quality of life in this area is very good which attracts many affluent residents who want to live close to downtown Kansas City and other desirable amenities. Finally, developers have been building new homes rapidly in this area since 2007 due to strong demand from buyers and limited availability of land for new development.