98577, Raymond, WA

The 98577 zip code of Raymond, WA is located in the Seattle metropolitan area. The median home value in this zip code is $429,000 and the median home equity is $141,000. This means that the majority of homes in this zip code are worth more than their original purchase price. Additionally, the average home value growth rate for this zip code between 2013 and 2017 was 5%. This indicates that there is a lot of potential for homeownership and wealth accumulation in this area.

There are a number of reasons why homeownership and home values are high in the 98577 zip code of Raymond. First, Raymond has a low unemployment rate which makes it an attractive place to live. Second, there is a strong economy in Raymond which leads to increased demand for housing and property assets. Third, Raymond has a high percentage of families with children which means that there is always demand for new homes and property investments. Finally, Raymond has excellent schools which contribute to increased demand for housing near these institutions.

Overall, homeownership and home values are high in the 98577 zip code of Raymond because there are many factors supporting these values including low unemployment rates, strong economies, high percentages of families with children living close to schools, and excellent schools. These factors make it an attractive place to live and invest money into property assets