76933, Bronte, TX

The home equity and home prices in the 76933 zip code of Bronte, TX are very high. The median home value in this zip code is $269,000, which is more than double the statewide median home value of $116,000. Additionally, the percentage of homes in this zip code that are worth more than $300,000 is significantly higher than the statewide percentage of homes that are worth more than $300,000. This indicates that there is a high demand for homes in this zip code that are worth a significant amount of money.

One possible explanation for why there is such a high demand for homes in the 76933 zip code is that Bronte is located in an affluent area. The median household income in this zip code is $101,500, which is significantly higher than the statewide median household income of $59,500. Additionally, the percentage of households in this zip code that have incomes over $150,000 is significantly higher than the statewide percentage of households that have incomes over $150,000. This indicates that there are a lot of wealthy people living in and around Bronte.

Another possible explanation for why there is such a high demand for homes in the 76933 zip code is that Bronte has a low unemployment rate. The unemployment rate in this zipcode was 3% as of December 2016, which was lower than both the statewide unemployment rate (4%) and the national unemployment rate (5%). This indicates that there are plenty of jobs available to people who want them and they are not struggling to find affordable housing near their work location.

Overall, it appears that there are several factors contributing to the high home equity and home prices found in the 76933 zip code of Bronte: affluent area; low unemployment rate; few available housing units; and high demand from wealthy buyers. These factors indicate that homeownership opportunities may be limited for those who do not live within close proximity to wealthy areas or have good job prospects.