76016, Arlington, TX

Arlington, TX is a suburb of Dallas and has a population of over 1 million people. The 76016 zip code has a median home value of $225,000 and a median household income of $87,500. Home equity in the 76016 zip code is very important to residents because it allows them to access their home equity loans and lines of credit for various purposes such as purchasing a new car or paying off debt.

The average length of time it takes for homeowners in the 76016 zip code to pay off their home equity loan or line of credit is around 5 years. This indicates that most residents are very conscientious about using their home equity wisely. In addition, Arlington homeowners have access to many different types of financing options which makes it easy for them to get the money they need to purchase or improve their homes.

Overall, the home equity and home prices in the 76016 zip code are very high which is likely due to the affluent population that resides there. However, this also means that Arlington homeowners have plenty of resources available to them should they need them in order to buy or improve their homes.