This is the cheapest postcode in Nebraska »Helpful Nebraska Wiki
The COVID-19 pandemic has had devastating economic consequences in the United States, blocking entire industries. Real estate, however, is a sector that has not suffered. Driven by the pandemic, sales of existing homes hit their highest level in nearly a decade and a half in 2020.
The median home selling price in the United States was $ 265,000 in 2020, up $ 30,000 from the previous year. A quarter of a million dollars, however, is not affordable for many Americans. Still, for those on a tight budget, there are many parts of the country where most homes are selling for much less.
Using median home selling prices provided by ATTOM Data Solutions, a real estate and property data company, 24/7 Wall St. identified the cheapest zip codes in each state.
The median selling price of a home in zip code 68104 in Omaha, Nebraska was $ 135,000 in 2020, which is $ 60,000 lower than the median selling price of a home of $ 195,000 statewide. same year.
Home values often reflect what area residents can afford – and just as home values are low in the area, so too are incomes. The typical household in ZIP code 68104 earns just $ 48,620 per year compared to the statewide median household income of $ 61,439. Income and housing values are also affected to some extent by the local labor market. Over the past five years, 7.2% of the area’s workers were unemployed, more than triple the comparable unemployment rate in most other Nebraska zip codes with enough data on home sales.
Postal codes were ranked based on the median selling price of condos and single-family homes in 2020. Only postal codes with at least 1,000 single-family homes and condos and where at least 500 residential units were sold in 2020 were been taken into account. The estimated market value is determined by ATTOM’s automated valuation model.
Supplementary data on median household income, share of households aged 50 and over, and unemployment are five-year postal code-level estimates for 2015-2019 from the US Census Bureau’s U.S. Community Survey .
|Cheapest ZIP||Location||Median home selling price ($)||Median household income ($)||Postal codes in state with door-to-door sales data|
|California: 95969||paradise||30,000||51 625||207|
|Florida: 32208||Jacksonville||78 650||34 565||372|
|Hawaii: 96792||Waianae||410,000||66 766||9|
|Idaho: 83201||Pocatello||201 263||50 526||16|
|Kansas: 66104||Kansas City||103 344||39 726||7|
|Kentucky: 42240||Hopkinsville||123,000||42 955||30|
|Louisiana: 71,112||Bossier City||135,000||51 623||16|
|Maryland: 21223||Baltimore||26,000||28 549||54|
|Michigan: 48228||Detroit||34,500||27 337||55|
|Mississippi: 38671||Southaven||162,697||51 214||6|
|Missouri: 63136||Saint Louis||37,000||32 223||49|
|Nevada: 89103||Las Vegas||199,000||42,537||44|
|New Jersey: 08332||Millville||124,750||57,265||50|
|New Mexico: 88310||Alamogordo||169,097||43,307||12|
|New York: 14,616||Rochester||127,000||52,660||16|
|North Carolina: 28052||Gastonia||115,000||39,426||121|
|North Dakota: 58103||Fargo||190,000||46,866||3|
|Oklahoma: 73110||Oklahoma City||97,500||43,059||30|
|Oregon: 97603||Klamath Falls||199,500||51 972||37|
|Pennsylvania: 19140||Philadelphia cream||48,250||22,790||46|
|Rhode Island: 02889||Warwick||243,000||77 783||1|
|South Carolina: 29841||North Augusta||145,000||52,516||58|
|Virginia: 24012||Roanoke||146 130||46,414||75|
|West Virginia: 26508||Morgantown||264,450||70,904||1|
|Wisconsin: 54220||Manitowoc||120,000||51 542||26|