95983, Taylorsville, CA

The Taylorsville zip code 95983 has a population of around 24,000 people and is located in the Central Valley region of California. The median household income in this zip code is $76,000 which is above the national median household income of $53,046. Additionally, the homeownership rate in this zip code is 68%, which is above the national homeownership rate of 63%.

Home prices in Taylorsville have been increasing at a faster pace than home equity values over the past few years. As of February 2019, the median home price in this zip code was $269,500 while the median home equity value was $128,500. This represents an increase of 66% and 134%, respectively. While these rates may seem high compared to other areas within California, they are still below historical averages for this area.

One reason that home prices have been increasing so rapidly in Taylorsville is that there are a limited number of homes available for sale. In addition, many homes here are new construction or have recently undergone renovations which have increased their value. Another factor contributing to rising prices here may be interest rates – although they are currently low by historical standards, they could rise again if economic conditions improve.