69155, Paxton, NE

The Paxton, NE 69155 zip code has a population of around 9,000 people. The median household income is around $50,000 and the median home value is around $130,000. The home equity in this zip code is around $280,000. This means that the average person in this zip code has about $80,000 in equity in their home.

There are a few factors that contribute to the high home equity in this zip code. First, the area has a low unemployment rate which means that there are plenty of jobs available and people can afford to buy homes even if they don't have a lot of money saved up. Second, Paxton is located in a rural area which means that there are fewer homes for sale and therefore the demand for homes is higher than it would be in an urban area. Finally, Paxton residents tend to be very wealthy compared to other parts of Nebraska and therefore they are more likely to own their homes outright rather than rent them out or borrow against them.