85226, Chandler, AZ

The 85226 zip code of Chandler, Arizona has a population of over 215,000 people and a median home value of $257,500. The home equity in this zip code is high compared to other areas in the United States. In fact, the average home equity in the United States is only $128,000.

One reason for the high home equity in this zip code is that there are a lot of affluent residents here. The median household income in this zip code is over $100,000, which means that a lot of people have enough money saved up to buy a house and invest in its equity. Additionally, many homeowners here have taken advantage of low interest rates to borrow money against their homes and increase their equity holdings even more.

Another factor contributing to the high home equity in this area is the availability of affordable housing. Many homeowners here are able to purchase homes that are within their budget range and still get good value for their money. This makes it easier for them to increase their equity holdings by borrowing against their homes.

Overall, it seems clear that homeownership and home equity are very important factors in the 85226 zip code of Chandler, Arizona. The high levels of both assets make this area an attractive place to live and work, and contribute significantly to its economic stability