96817, Honolulu, HI

The Honolulu zip code 96817 has a population of over 1,000,000 people and is located in the state of Hawaii. The median household income in this zip code is $75,000 which is higher than the national median household income of $53,046. The unemployment rate in this zip code is 3.5% which is lower than the national unemployment rate of 4.1%. Home prices in this zip code have increased significantly over the past few years and are now among the highest in the state of Hawaii.

There are a number of factors that have contributed to the increase in home prices in Honolulu 96817. First and foremost, Honolulu has experienced strong economic growth over the past few years which has led to an increase in demand for housing stock. Second, there has been an influx of new residents into Honolulu who have been purchasing homes as investment properties or as primary residences. Finally, there has been a significant increase in home equity loans available to residents of this zip code which has helped to drive up prices even further.

While home prices in Honolulu 96817 are high by any measure, they are still relatively affordable when compared to other areas within Hawai'i or nationwide. Additionally, there is a large pool of potential buyers who can access home equity loans if they need them which should help to keep prices stable or even decline over time as more people enter into ownership opportunities within this area