79778, Rankin, TX

The Rankin, TX zip code 79778 has a population of about 1,600 people. The median household income in this zip code is $51,000 which is about average for the surrounding area. The home equity and home prices in this zip code are both relatively high when compared to other areas of the country.

The home equity in the Rankin, TX zip code is currently at $236,000 which is significantly higher than the national average of $146,500. The home prices in this zip code are also much higher than the national average of $183,500. This indicates that there is a lot of demand for homes in this area and that people are willing to pay a high price for them.

One reason why the home equity and home prices in the Rankin, TX zip code are so high is because there are a lot of affluent residents living in this area. Many wealthy individuals choose to live in Rankin because it has a good quality of life and it is close to major cities such as Dallas and Houston. These affluent residents are likely responsible for driving up the prices of homes in this area.

Another reason why the home equity and home prices in the Rankin, TX zip code are so high is because there is a lot of investment money available here. Many wealthy individuals choose to invest their money here because they believe that it will be safe from economic downturns elsewhere on earth. This has led to an increase in demand for homes as well as an increase in their value.