74469, Warner, OK

The Warner zip code 74469 has a population of around 9,000 people and an average home value of $130,000. The median home value in the Warner zip code is $120,000. Home equity in the Warner zip code is relatively high compared to other areas of the country. In fact, according to Zillow’s Home Value Index, the Warner zip code has a home equity index of 111%. This means that homes in the Warner zip code are worth more than their mortgages.

One reason for this high level of home equity is that there are a lot of homeowners in the Warner zip code. According to NeighborhoodScout’s analysis of census data, 63% of households in the Warner zip code are owner-occupied. This is higher than the national average of 58%. It also means that there are a lot of people who can borrow against their homes to pay for things like mortgages or college tuition.

Another factor contributing to high levels of home equity in the Warner zip code is low levels of unemployment. The unemployment rate in the Warner zipcode was 3% as of September 2017, which is lower than both Oklahoma (4%) and national (4.9%) rates. This low level of unemployment means that people have more money available to invest in their homes or other assets.

Despite these factors, it's important to keep in mind that home values can change quickly and unpredictably depending on many factors including interest rates, market conditions, and local events/developments. So while it may be true that homes in the Warner zip code are worth more than their mortgages on average, it's important not to rely on this information too heavily when making decisions about buying or selling a property