68420, Pawnee City, NE

The Pawnee City, NE 68420 zip code has a population of approximately 8,000 people. The median household income in the 68420 zip code is $50,000. The median home value in the 68420 zip code is $130,000.

The Pawnee City, NE 68420 zip code has a low home equity percentage of 36%. This means that the homes in this zip code are worth only 36% as much as what is owed on them. This percentage is significantly lower than the national average of 63%.

One possible explanation for this low home equity percentage may be that many homes in the 68420 zip code are owned by individuals who are not able to make large down payments. Additionally, many homeowners in the 68420 zip code may have taken out mortgages that have high interest rates and require large monthly payments. As a result, these homeowners may not be able to afford to sell their homes for a significant amount of money.

Despite these challenges, there are some homeowners in the 68420 zip code who have been able to sell their homes for a significant amount of money. For example, one homeowner who lives in the 68420 zipcode sold her home for $160,000 after it had been on the market for only three days. Clearly there are some homeowners in this area who are successful at selling their homes for a high price tag.

Overall, it appears that homeownership rates and home equity percentages vary significantly across different parts of Nebraska. In general, it seems that areas with higher populations and incomes tend to have higher home equity percentages and vice versa. While it is difficult to say exactly why this is so, it could likely be attributed to factors such as access to credit and other financial resources (e.g., savings accounts), levels of education and income levels within an area population etc..