Mortgage payments would soar to an estimated Â£1,400, almost double what the average homebuyer claims they can afford, should variable rates rise from 4 per cent to six per cent at the end of a typical two-year fixed deal.
Note that zip codes are a crude measure. The highest crime area in town 89109 actually has two completely different mechanisms...the huge number of tourist on the strip is one part and a very nasty area to the northern end the other.
Zip code 74128 statistics: (Find on map). Estimated zip code population in 2013: 12,344. Zip code population in 2010: 12,676. Zip code population in 2000: 12,430. Mar. 2013 cost of living index in zip code 74128: 87.1 (less than average, U.S. average is 100). Land area: 3.7 sq. mi.