70395, Schriever, LA

The 70395 zip code of Schriever, LA has a population of approximately 2,000 people. The median household income in this zip code is $50,000 and the median home value is $130,000. The percentage of homes that are owner-occupied is approximately 80%.

The average home price in this zip code has increased by approximately 20% over the past five years. This increase can be attributed to a number of factors including an increase in demand for housing due to an influx of new residents and an increase in home equity. In addition, there have been limited opportunities for homeowners to sell their homes at a discount due to the strong market conditions.

Despite these positive trends, there are also some potential risks associated with the high home prices in this zip code. For example, if interest rates rise or if the economy weakens, it could lead to a decrease in demand for housing and a decrease in home values. Additionally, if there is a significant outbreak of disease or another natural disaster that affects Schriever residents disproportionately, it could lead to an increase in mortgage defaults and decreased home values.