77657, Lumberton, TX

The 77657 zip code of Lumberton, TX has a population of around 25,000 people. The median household income in this zip code is $41,500 which is about average for the area. However, the home equity and home prices in this zip code are both significantly higher than average.

As of March 2016, the median home value in this zip code was $187,200 which is more than double the median household income. Additionally, the home equity in this zip code is also significantly higher than average at $141,600. This indicates that many residents in this zip code are able to borrow against their homes to purchase additional property or to finance other expenses.

This high level of home equity and home prices may be due to several factors including the low unemployment rate and strong economy in Texas as well as the abundance of available housing stock in Lumberton. Additionally, Lumberton has been designated a “growth city” by the Texas A&M Real Estate Center and many new homes have been built recently within the city limits.