77083, 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 77083 zip code is located in southeast Houston and has a population of around 146,000 people. The 77083 zip code has a median household income of $62,500 and a median home value of $269,000. Home equity is an important part of many Americans' lives and home prices are often used as indicators of economic health.

The average price per square foot for homes in the 77083 zip code is $142 which is above the national average of $128 per square foot. The 77083 zip code also has a high percentage (77%) of homes that are owner-occupied which is above the national average (63%). This indicates that homeowners in the 77083 zip code are more likely to be able to afford their homes than renters who may be more likely to need to move if they can't afford their rent payments. Additionally, there are a high number (68%)of homes that have at least one bedroom available for rent which indicates that there is demand for rental housing in this area.

While home equity may be an important part of many Americans' lives, it's also important to keep in mind that home prices can change quickly and without warning. For example, during the housing crisis between 2007-2009, home values decreased by over 30% nationwide but remained relatively stable in Houston. So while it's important to monitor your home equity closely, don't get too worried if your home value decreases slightly over time – it's possible that your house could still be worth more than you think!