99345, Paterson, WA

The 99345 zip code of Paterson, WA is located in the eastern part of the state and has a population of approximately 97,000. The median household income in this zip code is $48,000, which is lower than the statewide median household income of $70,000. The unemployment rate in this zip code is 6.5%, which is higher than the statewide unemployment rate of 5.2%.

The average home value in this zip code is $132,500, which is lower than the statewide average home value of $253,400. The percentage of homes that are owner-occupied in this zip code is 69%, which is lower than the statewide percentage of owner-occupied homes at 74%. The percentage of homes that are renter-occupied in this zip code is 31%, which is higher than the statewide percentage of renter-occupied homes at 24%.

There are a number of factors that may contribute to the low home values in the 99345 zip code. One reason may be that there are a number of low-income households living in this area. Another reason may be that there are a number of vacant or abandoned homes in this area. Finally, it may be because many homeowners have taken out high-interest loans to purchase their homes and have not been able to refinance or sell their properties for a long time now due to poor market conditions.