85202, Mesa, AZ

The 85202 zip code of Mesa, AZ has a population of about 216,000 people and a median household income of $60,000. The home equity in this zip code is estimated to be around $1.2 billion, which is significantly higher than the national median home equity of $100,000. This high level of home equity may be due to the strong economy and low interest rates in the area.

Mesa is one of the fastest-growing cities in Arizona and has seen significant growth over the past few years. This growth has led to an increase in demand for housing and property values in the 85202 zip code. In addition, many people who live in Mesa are able to access good jobs and have high incomes, which also contributes to high home values.

Despite these factors, there are still some areas of the 85202 zip code where home values are lower than average. This may be due to slower economic growth or weaker market conditions in certain parts of Mesa. Regardless, it is important to remember that all areas within a given zip code can vary significantly in terms of prices and home equity levels.