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Lake Latonka CDP, PA

ZIP 16137 — 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 16137

Median Home Value
$176,800
Median Rent
$478
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,136/mo PITI).

8%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

30.8 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 16137 in Lake Latonka CDP, PA, a household would need roughly $49,000 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 $1,136. That sits below the local median household income ($69,975), 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
81.6%+25% vs US avg
x
Vacancy Rate
11.0%+7% vs US avg
x
Broadband Access
82.0%-6% vs US avg
x
4+ Bedrooms
6.2%-58% vs US avg
x
Built Pre-1939
2.9%-77% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
13.6%-73% vs US avg
x
Mortgage-Free
52.1%+36% vs US avg
x
$176,800
Home Value
$478
Rent
1976
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached72.8%
  • 1-unit attached1.2%
  • 2-9 units5.2%
  • 10+ units3.7%
  • Mobile home & other17.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$176,800
Median rent$478
Owner-occupied81.6%
Vacant11.0%
Price-to-income2.5x
Est. income to buy$49,000