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ZIP Code 87724

Learn about the people, housing, costs and businesses in 87724

Median Home$110,000
Median Rent$590/month
Population743
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining15% wholesale trade
Young Adults30% of residentsslightly above average
Homeowners75% of occupied units
NotableAffordable Market$110k median home · lower cost than 91% of the country
ZIP Code
87724

Frequently Asked Questions

What are today's mortgage rates in ZIP code 87724?

As of today, the 30-year fixed mortgage rate for ZIP code 87724 is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 87724
What is the median home price in ZIP code 87724?

The median home value in ZIP code 87724 is $110k. The median monthly rent is $590. Annual property taxes average $526. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in ZIP code 87724?

Based on a typical all-in ownership cost of $559/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 87724 is $43k/year.

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What industries drive the economy in ZIP code 87724?

The largest employment sectors in ZIP code 87724 are public administration (21%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.