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Franklin Park borough, PA

ZIP 15237 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 15237

Median Home Value
$306,900
Median Rent
$1,155
Affordability Snapshot
$84,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,971/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 15237 in Franklin Park borough, PA, a household would need roughly $84,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,971. That sits below the local median household income ($108,538), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
77.5%+18% vs US avg
x
Vacancy Rate
5.3%-49% vs US avg
x
Broadband Access
94.2%+8% vs US avg
x
4+ Bedrooms
4.3%-71% vs US avg
x
Built Pre-1939
6.1%-52% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
16.3%-67% vs US avg
x
Mortgage-Free
38.6%+1% vs US avg
x
$306,900
Home Value
$1,155
Rent
1971
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached68.0%
  • 1-unit attached9.1%
  • 2-9 units5.3%
  • 10+ units17.5%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$306,900
Median rent$1,155
Owner-occupied77.5%
Vacant5.3%
Price-to-income2.8x
Est. income to buy$84,000