78362, Ingleside, TX

The 78362 zip code of Ingleside, TX has a median home value of $191,000 and a median home equity value of $128,000. The homeownership rate in the 78362 zip code is 68.5%, which is lower than the national homeownership rate of 69.2%. In addition, the 78362 zip code has a lower percentage of owner-occupied homes than the national average (64.9%). This indicates that more homes in the 78362 zip code are rented or owned by investors/owners than are occupied by people who live in their homes full-time.

One factor that may contribute to this trend is that Ingleside is located in an area with high levels of unemployment and poverty. These factors may make it difficult for people to afford to buy or rent a home on their own, and may lead them to invest in homes instead. Additionally, many people who live in the 78362 zip code may be retired or have other sources of income that allow them to live elsewhere but still maintain ownership of their home equity.