67357, Parsons, KS

The 67357 zip code of Parsons, KS is located in Johnson County and has a population of approximately 10,000. The median household income in this zip code is $72,500 and the median home value is $183,500. Home equity in this zip code has increased by over 20% since 2007 and the average home price has increased by over 25%.

One reason for the increase in home equity in this zip code is that there are a number of affluent families living here. The average family income here exceeds the national average and there are also a number of high-income professionals living here. Additionally, many homes in this zip code were built between 1990 and 1999 which are considered to be some of the most stable years for housing prices.

Another reason for the increase in home equity is that interest rates have remained low throughout much of the past decade. This has made it more affordable to borrow money to buy a house than it was ten years ago and it has also encouraged people to invest their money into homes instead of stocks or other investments.