98272, Monroe, WA

The 98272 zip code of Monroe, WA is located in the northwest corner of the state and includes a population of just over 23,000 people. The median home value in this zip code is $269,000, which is significantly higher than the statewide median home value of $181,500. In addition, the average home equity in this zip code is $121,000, which is also significantly higher than the statewide average home equity of $77,200.

There are a number of factors that may contribute to these high home values and high levels of home equity in this zip code. First and foremost, Monroe has a relatively low population density compared to other parts of Washington State. This allows for more homes to be built and sold each year without affecting prices too much. Additionally, Monroe has a strong economy with many jobs located in the area. This means that there are plenty of people who can afford to buy or build homes here and have enough money left over to invest in their homes' equity. Finally, Monroe's location near both Seattle and Vancouver makes it an attractive place to live and work. This increased demand for housing has helped drive up prices and increase levels of home equity in this zip code