82516, Kinnear, WY

The Kinnear, WY 82516 zip code has a population of approximately 1,000 people. The median household income in the Kinnear, WY 82516 zip code is $60,000. The median home value in the Kinnear, WY 82516 zip code is $128,000.

There has been a significant increase in home equity and home prices in the Kinnear, WY 82516 zip code over the past five years. In 2012, the median home value was $107,500. In 2016, the median home value increased to $128,000. This represents an increase of almost 50%.

One reason for this increase in home values is that there are relatively few homes available for sale in the Kinnear, WY 82516 zip code. There are only 97 homes available for sale as of March 2017 which is less than one-third of the number of homes that were available for sale five years ago. This shortage of available homes has led to an increase in prices for those homes that are available for sale.

Another reason for the increase in home values is that wages have not kept pace with inflation over the past five years. As a result, homeowners have been able to accumulate more equity in their homes than they would have been able to if wages had kept pace with inflation.