71355, Moreauville, LA

The Moreauville zip code 71355 has a population of approximately 10,000 people. The median household income in this zip code is $50,000, and the median home value is $130,000. The home equity in this zip code is approximately $100,000.

There are a number of factors that contribute to the high home equity in the Moreauville zip code. First and foremost, Moreauville is a desirable location with excellent schools and access to many amenities. Additionally, the area has low unemployment rates and a strong economy. Finally, Moreauville residents have been able to benefit from strong housing prices over the past few years.

Despite these positive factors, there are some challenges facing homeowners in the Moreauville zip code. One issue is that interest rates have been relatively low for much of this decade, which has made it difficult for people to save money for a down payment on a house or to take out a loan to purchase one. In addition, there has been an increase in foreclosures over recent years in this area, which has taken away homes from homeowners who may not have been able to keep up with their mortgage payments or who were unable to sell their homes due to foreclosure proceedings.