93292, Visalia, CA

The Visalia zip code of 93292 has a population of around 207,000 people and a median household income of $51,000. The home equity in this zip code is around $231,000, which is significantly higher than the national median home equity of $161,200. This indicates that there are a lot of homeowners in this zip code who are able to use their home equity to finance other investments or pay down debt.

One reason why the home equity in this zip code is so high is because there are a lot of affluent residents here. The percentage of households earning over $100,000 is above the national average and the percentage of households earning over $200,000 is also above the national average. These high-income earners are likely able to use their home equity to finance other investments or pay down debt.

Another factor that contributes to the high home equity in this zip code is that there are a lot of homes here that were built between 2000 and 2009. These homes tend to be larger and have more square footage than homes built before 2000, which means they typically have more value when they're sold. Additionally, many homeowners in this area have taken advantage of low interest rates over the past few years and have been able to refinance their mortgages multiple times without having to worry about getting hit with large penalties. As long as interest rates stay low, homeowners in this area will continue to benefit from high levels of home equity