66849, Dwight, KS

Home Equity and Home Prices in the 66849 Zip Code of Dwight, KS

The home equity and home prices in the 66849 zip code of Dwight, KS are very high. The median home value in this zip code is $269,900, which is significantly higher than the national median home value of $177,500. This high home value has resulted in a high homeownership rate in this zip code: approximately 83% of households own their homes. Additionally, the average monthly mortgage payment for homes in this zip code is $1,812, which is also significantly higher than the national average mortgage payment of $1,145. These high levels of homeownership and monthly mortgage payments have resulted in a high level of debt for residents of this zip code: the median household debt in this zip code is $130,000. This high level of debt has led to a low level of savings for residents: only 18%of households have more than one month's worthof savings account balances. These high levels of debt and low levelsof savings are indicative of a housing market that is increasingly unstable and vulnerable to economic downturns.