77581, Pearland, TX

The Pearland, TX 77581 zip code has a population of around 153,000 people and is located in the Houston metropolitan area. The median home value in the Pearland, TX 77581 zip code is $191,200 which is significantly higher than the national median home value of $177,500. In addition, Pearland, TX 77581 has a high rate of home equity ownership which stands at around 86% compared to the national average of 63%. This high rate of home equity ownership indicates that many residents in the Pearland, TX 77581 zip code are able to use their homes as collateral for loans or other financial investments.

One reason why Pearland, TX 77581 has such a high rate of home equity ownership is likely due to its relatively low unemployment rate. The unemployment rate in the Pearland, TX 77581 zip code is currently at 3% which is much lower than the national unemployment rate of 5%. In addition, Pearland, TX 77581 has a low poverty rate which stands at 10% compared to the national poverty rate of 15%. These factors likely contribute to why so many residents in the Pearland, TX 77581 zip code are able to use their homes as collateral for loans or other financial investments.

Another factor that may contribute to why so many residents in the Pearland, TX 77581 zip code have access to high levels of home equity is its strong economy. The GDP per capita in the Pearland, TX 77581 zip code is currently $52k which is significantly higher than both the national GDP per capita ($43k) and Texas GDP per capita ($46k). This strong economy likely contributes to why so many residents are able to use their homes as collateral for loans or other financial investments.