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ZCTAs or ZIP Code Tabulation Areas are the census equivalent of ZIP codes used for statistical purposes. The reason why regular ZIP codes are not used is because they are defined by routes rather than geographic boundaries. Thus, they have the tendency to overlap and otherwise create difficulties.
After looking over your assessment from the local tax authority, you may believe your property value was over-assessed. Check your assessment for errors. Some common mistakes include the following:
If the address is valid, it is assigned a ZIP+4 code something like this: 12344-5678, where the first five digits are the ZIP code and the trailing four digits are the delivery range. An address with a ZIP+4 code (or nine-digit ZIP code) is considered to be valid. In most cases, this means that the address is deliverable.
There are generally two widely accepted versions of a postal code: a ZIP code and a ZIP + 4 code. Established in 1963, ZIP codes are the most common and recognizable postal code used by the USPS.
In a database, storing the ZIP+4 code in a 10 character field (with the hyphen) allows easy output in the address block, and storing the check digit in a 3-digit field (instead of calculating it) allows automatic checking of the validity of the ZIP+4 and delivery point fields in case one had been changed independently.
Home values in the U.S. increased by about $2 trillion in 2023, reaching a whopping total value of $47.5 trillion. For home sellers, that’s good news. However, you shouldn’t assume that the ...
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