83460, Rexburg, ID

The Rexburg, ID 83460 zip code has a population of around 27,000 people and is located in the southeastern part of the state. The median home value in this zip code is $157,200 which is about $50,000 more than the median home value in Idaho. In addition, the percentage of homes that are owner-occupied in this zip code is much higher than the statewide average of 63%. This indicates that there are more affluent residents living in this area.

One reason for this may be that Rexburg is a religious community. Many people who live here are members of The Church of Jesus Christ of Latter-day Saints (LDS), which may contribute to higher home values. Additionally, many businesses located in Rexburg are owned by members of the LDS church or their families. As a result, these businesses may be able to generate greater profits and thus contribute to higher home values.

Another factor that may contribute to high home values in Rexburg is its location. This area is close to major cities such as Boise and Salt Lake City which means that there is a greater demand for housing here. Furthermore, Rexburg has a strong economy which may also lead to increased prices for homes.