85545, Roosevelt, AZ

The Roosevelt, AZ 85545 zip code has a population of approximately 9,000 people. The median household income in this zip code is $92,000. The median home value in this zip code is $269,500.

According to Zillow's Home Value Index for the Roosevelt area, the home equity and home prices in this zip code are both above average. The index shows that the average home value in this area is $269,500, which is above the national average of $217,200. This means that homeowners in this area have more money available to them to use as they see fit. Additionally, Zillow's report also shows that the percentage of homes with a mortgage or loan attached is below average for this area at only 36%. This indicates that many homeowners here are able to borrow money against their homes without having to worry about being unable to pay back their loans.

One reason why homeownership rates and home values are high in the Roosevelt area may be because there are few housing options available here. There are only about 1,700 housing units available within a 10-mile radius of the zip code boundaries, which may make it difficult for people who want or need to buy a house to find one. Additionally, many of these housing units may be expensive and not suitable for everyone. For example, there are only about 100 single-family homes available for sale within a 10-mile radius of the zip code boundaries and most of these homes cost over $300K.