04648, Jonesboro, ME

The Jonesboro 4648 zip code is located in the eastern part of the state of Maine. The zip code has a population of about 10,000 people and an average household size of 2.6 people. The median income for residents in the 4648 zip code is $50,000 per year.

Home equity is a key factor in home prices. In general, homes that are worth more than their mortgage are said to have "home equity." Home equity can be used to pay off other debts, purchase additional assets (such as stocks or real estate), or use it as a source of retirement income.

According to Zillow's 2018 Home Value Index report, the Jonesboro 4648 zip code has an average home value of $183,200. This ranks the Jonesboro 4648 zip code #5 out of all ZIP codes in Maine with an average home value above $175,000. The Jonesboro 4648 zip code also ranks #1 out of all ZIP codes in Maine with an average home value above $200,000.

Jonesboro's high home values may be due to several factors:

-The city has a low unemployment rate and strong economy

- Jonesboro is located near major metropolitan areas (Portland and Bangor)

-There is limited inventory available for sale within the city limits

- Jonesboro's schools are generally considered to be good or excellent by parents and students alike