82514, Fort Washakie, WY

Fort Washakie, Wyoming is located in the 82514 zip code. Home equity and home prices in this zip code are significantly higher than the national average. The median home value in this zip code is $269,000, which is more than triple the national median home value of $116,000. Additionally, the percentage of homes that are owner-occupied in this zip code is much higher than the national average of 63%. This indicates that there are a lot of homeowners in Fort Washakie who have a significant amount of equity in their homes.

There are several reasons why home equity and home prices are so high in Fort Washakie. First, Fort Washakie has a very low unemployment rate which contributes to increased demand for housing. Second, there is a high concentration of wealthy residents in this zip code who can afford to purchase expensive homes. Third, Fort Washakie has a low population density which allows for more space per capita and therefore greater opportunity for homeowners to purchase larger homes. Fourth, there is a strong economy here that has led to increased demand for housing by both locals and tourists. Fifth, Fort Washakie has excellent schools and amenities which contribute to increased demand for housing by families looking to raise children here. Sixth, there is little competition for housing stock due to its isolated location and limited population growth potential. Finally, many homeowners here have access to generous homeowner's insurance policies that protect their property from damage or loss due to natural disasters or other unforeseen events.