78006, Boerne, TX

The Boerne, TX 78006 zip code has a population of about 25,000 people and is located in Central Texas. The median home value in the 78006 zip code is $174,500 which is about average for the area. The home equity in the 78006 zip code has increased significantly over the past few years and now stands at $269,000. This indicates that there are a lot of people who are able to use their home equity to purchase other assets or pay off debt.

One reason that home equity has been increasing so much in the 78006 zip code is because of the low interest rates that have been available since the 2008 recession. This has made it possible for more people to borrow against their homes and use the money to buy other assets or pay off debt. Additionally, Boerne has seen a lot of growth over the past few years which has led to more demand for housing and consequently, more home values.