76667, Mexia, TX

The home equity and home prices in the 76667 zip code of Mexia, TX are very high. The median home value in this zip code is $236,000, which is more than double the national median home value of $106,500. Additionally, the percentage of homes in this zip code that are worth more than $200,000 is above the national average of 33%. This indicates that there are a lot of wealthy residents in this area.

One reason for the high home values in this zip code is likely the strong economy. The unemployment rate in Mexia is only 3%, which is much lower than the national average of 6%. This low unemployment rate may be attracting a lot of affluent people to this area who want to buy homes. Additionally, there are a lot of jobs available here that pay well above the national average. For example, the average wage in Mexia is $50,000 per year, which is much higher than the national average wage of $37,500. Therefore, even if you don't have a high income yourself you may be able to afford to buy a house in this area thanks to strong job market conditions.

However, despite these positive factors it's important to remember that not everyone can afford to live in an expensive area like this. For example, if you make less than $50K per year you will likely struggle to afford a house on your own in this zip code even with good job market conditions. Therefore it's important for anyone looking to buy or sell a house in 76667 ZIP Code Mexia to do their research carefully and consult with an experienced real estate agent if they have any questions about affordability or market conditions specific to their situation.