91602, North Hollywood, CA

The North Hollywood zip code of 91602 has a population of around 103,000 people and is located in the San Fernando Valley region of Los Angeles County. The median household income in the zip code is $77,000, and the median home value is $527,500. The average home equity loan amount in this zip code is $236,000.

There are a number of factors that affect home prices in North Hollywood. These include the availability of housing stock, interest rates, and local economic conditions. In general, prices tend to be higher in areas that are more desirable and have fewer restrictions on housing development. Additionally, prices tend to be higher near major transportation hubs (such as the 101 Freeway) and within walking distance of amenities (such as grocery stores and restaurants).

One important factor that affects home equity loans in North Hollywood is the level of unemployment in the area. A low level of unemployment generally leads to increased demand for homes, which can lead to higher home values. Conversely, a high level of unemployment can lead to decreased demand for homes and lower home values.