74455, Porum, OK

The 74455 zip code of Porum, OK is located in the Tulsa metropolitan area. The median home value in this zip code is $119,000. The home equity index for this zip code is 95.4%. Home prices have increased by an average of 5.5% annually over the past five years. In addition, the percentage of homes that are owner-occupied has increased from 66% to 73%. This indicates that there are more homeowners in this zip code than there were five years ago.

One factor that may be contributing to the increase in home values is the low unemployment rate in Porum, OK. The unemployment rate was 3% as of May 2017, which is lower than the Tulsa metro area average of 4%. Additionally, Porum has a high percentage of college graduates (41%), which may contribute to higher home values. There are also a number of new businesses and construction projects underway in Porum, which may also contribute to higher home values.

Overall, it appears that homeownership and rising home values are continuing to be strong trends in the 74455 zip code of Porum, OK.