74525, Atoka, OK

The Atoka, OK 74525 zip code has a population of around 27,000 people. The median household income in the zip code is $48,000, and the median home value is $128,000. The home equity in this zip code is around $92,000.

There are a number of factors that contribute to the high home equity in this zip code. One reason is that the median household income is high here, which means that people have more money to put into their homes. Additionally, Atoka is a relatively affluent area, so there are more people who can afford to buy homes than in other areas of Oklahoma. Finally, Atoka has seen relatively stable prices over the past few years, which means that homeowners have been able to keep their equity gains from previous years.

Despite these positive factors, there are some risks associated with having high home equity in Atoka. One potential risk is that interest rates could rise over time and make it harder for homeowners to pay off their mortgages. Another risk is that a housing market crash could cause homeowners' values to decline significantly and leave them with less money available to invest in their homes or pay off their mortgages.