70301, Thibodaux, LA

The 70301 zip code of Thibodaux, LA has a population of about 27,000 people. The median household income in this zip code is $53,000, and the median home value is $183,500. In general, home values in the 70301 zip code are higher than the national average. However, there are a few exceptions to this rule. For example, the median home value in the 70301 zip code is lower than the national average for both single-family homes and condos.

One factor that may contribute to this discrepancy between home values and national averages is that homes in Thibodaux tend to be older than homes in other parts of Louisiana. This means that there are more pre-owned homes in the 70301 zip code than there are new homes. Additionally, many homeowners in Thibodaux have equity in their homes because they have taken out mortgages or other forms of loans against their property values. As a result of these factors, homeownership rates and home values tend to be higher in the 70301 zip code than they are nationally.

Despite these exceptions, it is generally true that home prices and homeownerhip rates are higher in the 70301 zip code than they are nationwide. This may be due to a number of factors including: older housing stock; high levels of equity among homeowners; and proximity to major metropolitan areas such as New Orleans and Baton Rouge.