71209, Monroe, LA

The Monroe, LA 71209 zip code has a population of just over 102,000 people. The median household income in this zip code is just over $50,000. This means that the home equity and home prices in this area are quite high.

According to Zillow, the median home value in Monroe, LA is $188,900. This means that the average homeowner in this zip code has a total equity of around $130,000. Additionally, Zillow reports that the average home price growth rate for homes located in Monroe is 4%. This means that the average homeowner's equity will grow by an additional $6,000 over the next year.

Given these figures it's no surprise that homeownership rates in this area are quite high. According to Trulia data, homeownership rates in Monroe are currently at 69%. This means that nearly one-third of all households living in this zip code are owner-occupied.