83202, Pocatello, ID

The 83202 zip code of Pocatello, ID has a population of around 61,000 people. The median household income in this zip code is $50,000 which is lower than the national median household income of $53,046. The unemployment rate in this zip code is 5.5% which is higher than the national unemployment rate of 4.9%. The poverty rate in this zip code is 15.4% which is higher than the national poverty rate of 13.7%.

Home equity and home prices are important factors to consider when looking at buying or selling a home in Pocatello, ID. Home equity refers to the value of a homeowner's home minus any outstanding mortgages or other loans on that property. Home prices refer to the price at which homes are sold or offered for sale in Pocatello, ID.

According to data from Zillow, the average home value in Pocatello, ID was $135,200 as of September 2017. This represents an increase of 8% from the average home value in Pocatello, ID as of September 2016. Over the same period Zillow reports that the nationwide average home value increased by 7%. This suggests that homes in Pocatello are relatively affordable when compared to homes across America as a whole.

While there has been an increase in home values over recent years within Pocatello, it should be noted that this does not mean that all homeowners have seen their homes appreciate equally over this time period. In fact, according to data from Trulia , homeowners living within ZIP Code 83202 who purchased their homes between January 1st and December 31st 2017 experienced an average appreciation rate of only 2%. This indicates that while there has been an overall increase in home values within this particular ZIP Code area over recent years, not all homeowners have benefited equally from these increases