78613, Cedar Park, TX

Cedar Park, TX is located in Williamson County and has a population of about 100,000. The median household income in Cedar Park is $92,000 and the median home value is $236,500. Home equity in Cedar Park is relatively high compared to other areas of the country. In 2017, the average home equity in the U.S. was $130,000. In Cedar Park, the average home equity is $248,500. This indicates that people in Cedar Park are more likely to have a lot of money saved up than people in other parts of the country.

One reason why home equity is high in Cedar Park may be because there are not many large homes available for sale or rent. There are a lot of small homes and apartments available which may make it easier for people to buy or rent a home. Another reason may be that people in Cedar Park are more likely to own their homes outright instead of renting them from someone else. This means that they have more control over their property and can potentially increase its value over time if they keep it well-maintained.