78124, Marion, TX

Marion, TX is located in Williamson County and has a population of around 30,000. The 78124 zip code covers a total area of just over 10 square miles and has a median home value of $130,000. Home equity in Marion is relatively high compared to other areas of the country. In Marion, the average home equity ratio is 2.5 times the average household income. This means that homeowners in the 78124 zip code have an average net worth of $165,000.

The high home equity ratio in Marion may be due to several factors. First, Marion has a low rate of unemployment (3% as of May 2017) which may lead people to invest more money into their homes. Second, Marion has a low rate of foreclosure filings (0% as of May 2017). This indicates that there are few opportunities for people to lose their homes through no fault of their own. Finally, Marion's economy is relatively stable and it has not experienced significant growth or decline in recent years which may also contribute to high home values.