89011, Henderson, NV

The 89011 zip code of Henderson, NV has a median home value of $217,500. This is significantly higher than the national median home value of $177,500. The 89011 zip code also has a high percentage of homeowners with equity in their homes, at 82%. This is significantly higher than the national homeownership rate of 63%.

One reason for this high percentage of homeownership may be the low unemployment rate in the 89011 zip code. The unemployment rate in Henderson was 3.5% as of December 2016, which is much lower than the national unemployment rate of 4.1%. Additionally, many people in the 89011 zip code may have access to good credit due to its strong economy. As a result, they may be able to afford more expensive homes than those who live in areas with higher rates of unemployment or poverty.

Another reason for the high percentage of homeownership in the 89011 zip code may be that there are relatively few rental units available in this area. As a result, most people who live here are likely owners rather than renters. This could lead to increased demand for homes and increased prices for homes within this area.