84783, Dammeron Valley, UT

The Dammeron Valley zip code 84783 has a population of approximately 2,000 people. The median household income in this zip code is $68,000 and the median home value is $236,500. The home equity in this zip code is approximately $128,000.

There are a number of factors that contribute to the high home equity in this zip code. First, Dammeron Valley is a desirable location with plenty of amenities and access to outdoor activities. Second, the residents here are generally well-educated and have good jobs. Finally, homes in this area tend to be older and have lower maintenance costs than newer homes.

Despite these positive factors, there are some challenges facing homeowners in the Dammeron Valley zip code. First, interest rates are currently low which makes it difficult for people to borrow money to buy a home or refinance their existing mortgage. Second, there is a limited supply of homes available for sale which means that prices will likely continue to rise over time unless more homes are built.