74075, Stillwater, OK

The Stillwater, OK 74075 zip code has a population of around 36,000 people. The median household income is $60,000 and the median home value is $160,000. The home equity in this zip code is around $100,000. This means that the majority of homeowners in this zip code have at least some equity in their homes.

The reason that home equity is so important in this zip code is because it allows homeowners to use their homes as collateral for loans. This gives them the ability to borrow money to buy a new car or take out a mortgage on a larger house. Homeowners who have plenty of equity in their homes are also less likely to be affected by foreclosure rates because they can more easily afford to pay off their mortgages if something happens to their jobs or their income decreases.

Overall, the home equity in the 74075 zip code of Stillwater is relatively high and stable compared to other areas of the country. This makes it an attractive area for homeowners and potential home buyers alike.