76945, Robert Lee, TX

Home Equity and Home Prices in the 76945 Zip Code of Robert Lee, TX

The home equity and home prices in the 76945 zip code of Robert Lee, TX are very high. The median home value in this zip code is $269,900, which is more than double the national median home value of $130,000. Additionally, the percentage of homes that are owner-occupied in this zip code is significantly higher than the national average of 63%. This indicates that many people in this area are able to afford to buy a home even if their income is not as high as others.

One reason for this high level of homeownership may be the low level of unemployment in this area. The unemployment rate in Robert Lee is only 3%, which is much lower than the national average unemployment rate of 6%. This means that there are many opportunities for people to find jobs and earn enough money to buy a home. Additionally, many people may be able to afford a higher price for a home because they have saved up over time or they have received financial assistance from family or friends.