77076, Houston, TX

Houston, TX is one of the most populous cities in the United States and has a population of over 2 million people. The 77076 zip code is located in Houston and has a population of over 116,000 people. Home equity is important to many people in Houston because it can provide them with an extra source of income.

The average home price in the 77076 zip code was $227,500 as of September 2017. This is higher than the national average home price which was $217,500 as of September 2017. The 77076 zip code has a median home value of $236,000 which is higher than the national median home value of $194,200. The percentage of homes that are owned by their occupants (rather than being rented) is high in the 77076 zip code at 88%. This percentage is higher than the national percentage which is 73%.

The reason that home equity is so important to residents in the 77076 zip code is because it can provide them with an extra source of income. Home equity can be used to pay off debt or to purchase additional property or investments. Homeowners who have high levels of home equity are more likely to be able to afford larger mortgages and are also more likely to be able to borrow against their homes for other purposes such as purchasing a car or starting a business.