78021, Fowlerton, TX

The 78021 zip code of Fowlerton, TX has a median home value of $119,000. The home equity in this zip code is $39,000. This means that the average homeowner in this zip code has 39% equity in their home. This percentage is lower than the national average of 63%.

There are a number of factors that could contribute to the lower equity percentage in this zip code. One reason may be that there are a higher number of homes that are worth less than their mortgage balance. Additionally, homeowners may have taken on more debt to purchase their homes than they would like to admit. Finally, some homeowners may have chosen not to sell their homes for fear of losing money on the sale.

Despite these challenges, there are still many homeowners in this zip code who are doing well financially. In fact, almost half (47%) of all homeowners in this zip code report having at least 50% equity in their homes. This indicates that they have taken steps to maintain or increase their home's value over time.

Overall, it appears that homeownership rates and home equity levels vary significantly across different parts of the country. While it is likely difficult for many people to achieve high levels of equity in their homes, those who do tend to be doing well financially overall.