22824, Edinburg, VA

Edinburg, VA is located in the Shenandoah Valley and has a population of around 25,000. The 22824 zip code has a median home value of $130,000 and a median household income of $60,000. Home equity in this zip code is relatively low compared to other areas of the country. In fact, only about one-third of households in this zip code have any home equity at all. This is likely due to the high cost of housing in Edinburg and the fact that many households here are either renters or have only modest amounts of savings.

Despite these limitations, there are some homeowners in this zip code who are doing well financially. For example, about one-quarter of households in this zip code have more than $200,000 worth of home equity. Additionally, there are a number of families who own their homes outright or who have enough savings to cover at least part of the cost of purchasing their homes. In general, homeownership rates are higher in Edinburg than they are nationwide. This may be due to the high cost of housing and/or the fact that many people here are able to afford to buy homes outright or with modest down payments.