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New Bethlehem borough, PA

ZIP 16242 — 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 16242

Median Home Value
$119,700
Median Rent
$484
Affordability Snapshot
$33,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$769/mo PITI).

11%
Rent-to-Income Ratio

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

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.6 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 16242 in New Bethlehem borough, PA, a household would need roughly $33,000 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 $769. That sits below the local median household income ($54,727), 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 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.6%+11% vs US avg
x
Vacancy Rate
13.9%+35% vs US avg
x
Broadband Access
80.9%-7% vs US avg
x
4+ Bedrooms
5.9%-60% vs US avg
x
Built Pre-1939
10.2%-20% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
13.7%-73% vs US avg
x
Mortgage-Free
55.4%+45% vs US avg
x
$119,700
Home Value
$484
Rent
1952
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached85.0%
  • 1-unit attached0.3%
  • 2-9 units2.9%
  • 10+ units4.7%
  • Mobile home & other7.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$119,700
Median rent$484
Owner-occupied72.6%
Vacant13.9%
Price-to-income2.2x
Est. income to buy$33,000