69210, Ainsworth, NE

The 69210 zip code of Ainsworth, Nebraska has a population of approximately 4,000 people. The median household income in this zip code is $60,000 and the median home value is $130,000. The percentage of households that own their homes outright is 67% and the percentage of households that owe more on their mortgages than their home values is 33%. This indicates that there are a significant number of homeowners in this zip code. Additionally, the percentage of households that have equity in their homes (less than what they owe on their mortgages) is 17%. This indicates that many residents in this zip code have considerable equity in their homes.

One factor contributing to the high level of home equity in this zip code is the low rate of homeownership. Only 33% of households here own their homes outright, which is significantly lower than the national average of 68%. Additionally, 31% of households here owe more on their mortgages than their home values, which also stands out as being above average. This suggests that many residents here are still struggling to pay off debt from prior housing purchases. In fact, nearly one-third (31%)of all households in this zip code are considered “underwater” – meaning they owe more on their mortgage than the value of their home.

Despite these challenges though, there are indications that homeownership rates are slowly increasing in Ainsworth. Between 2000 and 2010 alone, homeownerhip rates increased by 2%, which suggests that progress may be being made over time. Additionally, since 2007 there has been a 10% increase in homeowner satisfaction ratings within this zip code – indicating that some residents feel good about owning a home here despite having some financial challenges associated with it.

Overall then, while there are still areas where homeownership rates lag behind the national average and levels of debt remain high relative to house values among certain segments of society, overall trends suggest positive progress has been made over time in terms of increasing homeownership rates and improving satisfaction ratings among those who do own homes here.