74543, Finley, OK

The Finley, OK 74543 zip code has a population of approximately 2,000 people. The median household income in this zip code is $41,000 and the median home value is $128,000. In terms of home equity, the median homeowner in the Finley 74543 zip code has a net worth of $83,000. This means that the average homeowner in this zip code has more than twice the amount of equity in their home as the average person who does not live in this area.

There are a number of reasons why homeowners in the Finley 74543 zip code have more equity in their homes than those who do not live here. First and foremost, homes here are generally priced lower than homes elsewhere in Oklahoma City. Additionally, many homeowners here have taken advantage of low interest rates to borrow money against their homes and invest that money elsewhere. As a result, many homeowners in this area have built up significant levels of equity over time.

Despite these factors, there are still some risks associated with owning a home in the Finley 74543 zip code. For example, if interest rates rise significantly or if the market for housing crashes completely, many homeowners could find themselves struggling to pay off their mortgages or lose all of their equity in their homes. It is important for homeowners to keep track of both current market conditions and interest rates so they can make informed decisions about whether or not to stay invested in their homes