77371, Shepherd, TX

The 77371 zip code of Shepherd, TX has a median home value of $139,900 and a median home equity value of $103,700. The zip code has a population of 1,814 and an unemployment rate of 4.5%. The median household income in the zip code is $51,500.

There are a number of factors that may contribute to the high home values in the 77371 zip code. First and foremost is the fact that Shepherd is located in one of the most affluent areas in Texas. Additionally, there is strong demand for housing in this area due to its excellent schools and amenities. Finally, many homeowners have taken advantage of low interest rates over the past few years to refinance their homes and increase their home equity values.

Despite these positive factors, there are some challenges facing homeowners in the 77371 zip code. One issue is that there has been an increase in housing prices relative to incomes over recent years which may make it difficult for some people to afford homes on their own or with modest down payments. Additionally, there has been a recent trend towards larger homes which may be more expensive to purchase or maintain than smaller dwellings.