70394, Raceland, LA

The Raceland, LA 70394 zip code has a population of around 9,000 people. The median household income in the area is $48,000 and the median home value is $130,000. The home equity and home prices in the Raceland area are both relatively high when compared to other areas of Louisiana.

One reason for this high level of home equity and home prices in the Raceland area may be due to the fact that many residents here are retired or have steady incomes. Additionally, many families who live in the Raceland area own their homes outright which may also contribute to higher levels of home equity and home prices.

Despite these factors, there are still some homeowners in the Raceland area who are struggling to afford their homes. This is likely due to a combination of low interest rates and rising housing costs. In addition, many homeowners in the Raceland area may be underwater on their mortgages which means that they owe more on their homes than they are worth.