93702, Fresno, CA

The 93702 zip code of Fresno, CA has a population of over 209,000 people and a median household income of $50,821. The home equity in this zip code is estimated at $245,000. The home prices in this zip code are estimated at $269,500.

There are a number of factors that contribute to the high home equity in the 93702 zip code of Fresno, CA. First and foremost is the fact that Fresno is one of the most affordable cities in California. Second is the fact that there are a large number of families who have been able to take advantage of rising home values over the past several years. Finally, there is a strong demand for housing in Fresno due to its excellent job market and low cost of living.

Overall, it appears that homeownership rates in the 93702 zip code are high relative to other areas of California and nationwide. This may be due in part to the strong demand for housing in Fresno and the relatively low cost of buying a house compared to other areas around the country. It will be interesting to see how long these conditions persist and whether they lead to increased inflationary pressures within the local economy over time.