75140, Grand Saline, TX

Home Equity and Home Prices in the 75140 Zip Code of Grand Saline, TX

The home equity and home prices in the 75140 zip code of Grand Saline, TX are very high. The median home value in this zip code is $206,000, which is more than triple the national median home value of $100,000. Additionally, the percentage of homes in this zip code that are worth more than $200,000 is nearly double the national percentage. This indicates that there are a lot of homes in this zip code that are worth a lot of money.

One reason why the home equity and home prices in this zip code are so high is because there is a lot of wealth concentrated here. The median household income in this zip code is $101,500, which is much higher than the national median household income of $53,046. Therefore, a lot of people can afford to buy homes here even if they don't have a ton of money saved up. Additionally, there are a lot of wealthy people living in this area too. The percentage of households earning over $200,000 per year is nearly double the national percentage. This means that there are plenty of people who can afford to buy homes even if they don't have any money saved up already.

Overall then, it seems like there are plenty of reasons why the home equity and home prices in the 75140 zip codeof Grand Salineare so high. There's a lot wealth concentrated here and many people can afford to buy homes even if they don't have tons of money saved up already.