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New Castle city, PA

ZIP 16102 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 16102

Median Home Value
$97,900
Median Rent
$602
Affordability Snapshot
$27,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$629/mo PITI).

14%
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.

13.6 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 16102 in New Castle city, PA, a household would need roughly $27,000 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 $629. That sits below the local median household income ($52,480), 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

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.3%+20% vs US avg
x
Vacancy Rate
11.1%+8% vs US avg
x
Broadband Access
86.5%-1% vs US avg
x
4+ Bedrooms
0.1%-99% vs US avg
x
Built Pre-1939
12.8%+0% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
25.9%-48% vs US avg
x
Mortgage-Free
52.2%+37% vs US avg
x
$97,900
Home Value
$602
Rent
1954
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached82.2%
  • 1-unit attached1.5%
  • 2-9 units3.6%
  • 10+ units4.1%
  • Mobile home & other8.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$97,900
Median rent$602
Owner-occupied78.3%
Vacant11.1%
Price-to-income1.9x
Est. income to buy$27,000