Zip codes

Most expensive zip codes

When you think of the most expensive zip codes in America, you would think of areas such as Manhattan, Chicago, San Francisco or the most famous zip code, 90210. However in an article by msnbc.com and Forbes, these cities do not even make it into the top 10. Why is that? The article explains: “It is because those ZIP codes are more diverse than those that encompass exclusive and relatively homogenous suburbs where home prices don't dip below $1 million.” The more diverse the city, the lower it ranked, despite it’s nicer homes. Of the top 10 zip codes, half could be found in California and 7 out of 10 in the west. The article suggests this is due to the 100% price increase in home owning in California between 1999 and 2000.

To find where your hometown ranked (shocker: New Orleans didn’t even make the top 150…) check out http://www.msnbc.msn.com/id/7646178/