66404, Baileyville, KS

The 66404 zip code of Baileyville, KS is located in the northeast corner of the state and has a population of just over 1,000. The median household income in this zip code is just over $40,000, which is significantly higher than the statewide median income of $37,917. The home equity and home prices in this zip code are both very high relative to the statewide averages.

As of September 2017, the median home value in this zip code was $269,900. This is more than double the statewide median home value of $116,500 and far above any other zip code in Kansas. The average home equity loan amount in this zip code was also quite high at $143,700. This means that nearly half (47%) of all homes in this zip code have some form of mortgage debt attached to them. By comparison, only about one-third (33%) of homes across Kansas have mortgage debt attached to them.

The reason why Baileyville's homes are so valuable is likely due to several factors. First and foremost, Baileyville is located within a desirable area with plenty of amenities available nearby (including excellent schools). Additionally, Baileyville's homes are typically well-maintained and have a low rate of foreclosure activity relative to other areas within Kansas. Finally, there is a strong demand for housing within this zipcode due to its excellent quality compared to most other areas within Kansas.