75217, Dallas, TX

The Dallas, TX 75217 zip code has a population of over 1.5 million people and is one of the most populous zip codes in the United States. The median home value in this zip code is $237,000, which is significantly higher than the national median home value of $181,500. In addition, the home equity in this zip code is also significantly higher than the national average of just over $100,000. This high level of home equity indicates that many residents in this zip code are able to borrow against their homes to finance other expenses or investments.

One reason for the high level of home equity in this zip code may be that there are a large number of affluent residents living here. The median household income in this zip code is $101,000, which is well above the national median household income of $53,046. Additionally, nearly half (47%) of all households in this zip code have at least one person who earned over $100,000 annually. These high levels of income and wealth may help explain why so many residents are able to borrow against their homes to finance other expenses or investments.

Another factor that may contribute to the high level of home equity in this zipcode is the low rate of foreclosure activity here compared to other parts of Dallas County. In fact, only 2%of all housing units in this zipcode are currently occupied by someone who filed for bankruptcy within the past two years – which is much lower than the 6% statewide average for all U.S. ZIP codes. This low rateof foreclosure activity suggests that many homeowners here are able to keep their homes even if they experience financial difficulties downthe road."