69353, Mcgrew, NE

The 69353 zip code of Mcgrew, NE has a population of approximately 1,000 people. The median household income in this zip code is $50,000 which is lower than the national median household income of $53,046. The unemployment rate in this zip code is 3.5% which is lower than the national unemployment rate of 4.1%. The poverty rate in this zip code is 9.2% which is higher than the national poverty rate of 7.5%.

Home equity and home prices are important indicators of economic health for a community and the 69353 zip code of Mcgrew, NE has some troubling trends when it comes to home equity and home prices. In 2017, the homeownership rate in this zip code was 68.9% which is lower than the national homeownership rate of 71.4%. Additionally, the average home value in this zip code was $128,500 which is lower than the national average home value of $213,700. These low levels of homeownership and average home values may be indicative of an area that is struggling economically or experiencing a housing market correction.

Despite these troubling trends, there are some positive indicators when it comes to home equity and home prices in the 69353 zip code of Mcgrew, NE. For example, according to Zillow®, the foreclosure rates for homes in this zipcode are low at 0%. Additionally, Zillow® reports that homes in this area have an average list price that's above what most people can afford (which may indicate that there's strong demand for housing within this area). Despite these positive indicators however, it's important to keep in mind that there are many factors that can influence both home equity and home prices including economic conditions (such as job security), interest rates (which can impact mortgage payments), and local market conditions (such as availability or demand for specific types or stylesof homes).