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, PA

ZIP 16040 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 16040

Median Home Value
$168,800
Median Rent
$492
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,084/mo PITI).

7%
Rent-to-Income Ratio

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

1.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

28.6 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 16040 in PA, a household would need roughly $46,000 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 $1,084. That sits below the local median household income ($87,891), 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
86.2%+32% vs US avg
x
Vacancy Rate
9.3%-10% vs US avg
x
Broadband Access
90.9%+4% vs US avg
x
4+ Bedrooms
1.1%-93% vs US avg
x
Built Pre-1939
5.6%-56% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
31.9%-36% vs US avg
x
Mortgage-Free
58.2%+52% vs US avg
x
$168,800
Home Value
$492
Rent
1975
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

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

  • 1-unit detached77.1%
  • 1-unit attached0.0%
  • 2-9 units3.7%
  • 10+ units0.0%
  • Mobile home & other19.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$168,800
Median rent$492
Owner-occupied86.2%
Vacant9.3%
Price-to-income1.9x
Est. income to buy$46,000