75141, Hutchins, TX

The Hutchins, TX zip code 75141 has a population of around 10,000 people. The median household income in this zip code is $64,000 which is above the national median household income of $53,046. The home equity and home prices in this zip code are both very high. As of March 2019, the average home value in this zip code is $269,000. This is significantly higher than the national average home value of $217,500.

One reason for the high home values in this zip code is that Hutchins is a desirable location. It is located just outside of Austin and has a variety of amenities available nearby, including shopping malls and restaurants. Additionally, Hutchins has a strong economy with many businesses located there. This contributes to the high home values in this area.

Another factor contributing to the high home values in Hutchins are the low interest rates currently available on mortgages. As of March 2019, the average interest rate on a mortgage in this zip code was 3%. This is much lower than the national average interest rate of 4%. This low interest rate environment makes it more affordable for people to buy homes in Hutchins compared to other areas where rates are higher.