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Top 25 ZIP Codes With the Highest Mortgage Debt

When looking at the ZIP codes with the highest mortgage balances in the country, it's no surprise that California ranks in the top multiple times. Of the top 25 ZIP codes with the highest mortgage balances, California is home to 17 of them. The other eight are split between New York and Connecticut.

Home values in these areas are known to be some of the highest in the nation. And compared with the average price of a new home—which, according to the U.S. Census Bureau, was $377,200 in May 2019—each of these top areas have home values that are significantly higher than average.

Incomes in these ZIP codes are also consistently higher than the national average, according to Experian data. The lowest estimated income among these top areas was $108,612 in the first quarter (Q1) of 2019—more than $25,000 higher than the national average of $79,622.

For this article, Experian reviewed consumer credit data from Q1 2019 to identify the top ZIP codes with the highest mortgage balances.

Top 25 ZIP Codes With the Highest Mortgage Balances
ZIP CodeAverage Mortgage BalanceAverage Estimated IncomeAverage FICO® Score*
90210

Beverly Hills, CA

$1,528,236$157,359742
90212

Beverly Hills, CA

$1,118,795$119,587721
10013

New York City (Tribeca)

$1,110,943$120,826743
90272

Pacific Palisades, CA

$1,074,452$162,528762
90049

Los Angeles (Brentwood)

$1,042,101$140,839752
90265

Malibu, CA

$1,033,637$150,497741
92625

Corona del Mar, CA

$1,000,519$156,972758
06830

Greenwich, CT

$994,299$142,523740
94920

Belvedere Tiburon, CA

$971,885$162,987764
94022

Bodega, CA

$937,110$178,582779
90266

Manhattan Beach, CA

$892,807$156,219764
10580

Rye, NY (Westchester)

$882,892$167,787757
94123

San Francisco

$876,529$149,535754
95030

Los Gatos, CA

$875,417$176,488771
10012

New York City

(NoHo, SoHo)

$861,813$115,916742
10065

New York City

(Upper East Side)

$854,964$138,034751
06831

Stamford, CT

$848,584$162,639749
06840

New Canaan, CT

$842,510$176,937760
94010

Burlingame, CA

$840,941$149,091761
10028

New York City

(Upper East Side)

$836,892$136,615754
94301

Palo Alto, CA

$832,109$164,807767
94024

Los Altos, CA

$823,688$176,020783
91436

Encino, CA

$815,186$148,019756
90024

Los Angeles (Westwood)

$807,877$108,612740
95070

Saratoga, CA

$805,813$172,029779

*Source: Experian Q1 2019 data

FICO® Scores in ZIPs With High Mortgage Balances

The ZIP codes with the highest mortgage balances also have above average credit scores. Overall, the average FICO® Score among all top 25 ZIP codes with the highest mortgage balances in Q1 2019 was 756—that's 53 points higher than the national average of 703.


Want to instantly increase your credit score? Experian Boost helps by giving you credit for the utility and mobile phone bills you're already paying. Until now, those payments did not positively impact your score.

This service is completely free and can boost your credit scores fast by using your own positive payment history. It can also help those with poor or limited credit situations. Other services such as credit repair may cost you up to thousands and only help remove inaccuracies from your credit report.

Methodology: The analysis results provided are based on an Experian-created statistically relevant aggregate sampling of our consumer credit database that may include use of the FICO® Score 8 version. Different sampling parameters may generate different findings compared with other similar analysis. Analyzed credit data did not contain personal identification information. MSA is the acronym for metropolitan statistical area, which groups counties and cities into specific geographic areas for population censuses and compilations of related statistical data.

FICO® is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

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