83607, Caldwell, ID

The Caldwell, ID zip code 83607 has a population of just over 10,000 people. The median household income in this zip code is just under $50,000. This means that the home equity and home prices in this area are relatively low when compared to other areas of the country.

According to Zillow, the median home value in this zip code is $135,200. This means that the average homeowner in this area has a net worth of just over $130,000. This is far below the national average net worth of $1 million.

In addition, Zillow reports that the homeownership rate in this zip code is just over 60%. This means that most residents here own their homes outright rather than using them as part of a mortgage agreement. This may be due to the relatively low home equity and home prices in this area.

Overall, it appears that homeownership rates and home equity levels are lower in Caldwell than they are nationwide. This may be due to several factors including lower incomes and smaller market sizes within certain ZIP codes across the country.