92672, San Clemente, CA

The San Clemente zip code, 92672, has a population of approximately 33,000 people. The median household income in the zip code is $101,000 and the median home value is $1.5 million. Home equity in this zip code is extremely high compared to other areas of the country. In fact, according to Zillow, the average home equity in San Clemente is $1.8 million. This high level of home equity can be attributed to several factors:

The cost of living in San Clemente is relatively low compared to other areas of the country. This makes it possible for people to save money on their housing costs by buying a house that is worth more than they need to pay off with their income.

San Clemente has a strong economy that has been growing steadily for many years now. This means that there are more jobs available than there are people looking for them, which leads to higher wages and increased home values.

Finally, San Clemente residents are generally wealthy enough not to need as much money from their homes as people who live in less expensive areas do. This means that they are more likely to have enough money left over after they have paid off their mortgage or bought a house outright than someone who lives in an area with lower housing prices and lower incomes.