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Polk borough, PA

ZIP 16342 — 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 16342

Median Home Value
$113,700
Median Rent
$570
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$730/mo PITI).

11%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.6 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 16342 in Polk borough, PA, a household would need roughly $31,000 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 $730. That sits below the local median household income ($62,227), 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 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
89.2%+36% vs US avg
x
Vacancy Rate
22.3%+116% vs US avg
x
Broadband Access
81.4%-6% vs US avg
x
4+ Bedrooms
0.1%-99% vs US avg
x
Built Pre-1939
4.2%-67% vs US avg
x
Built Post-2014
0.9%-86% vs US avg
x
Rent Burden >30%
25.5%-49% vs US avg
x
Mortgage-Free
56.9%+49% vs US avg
x
$113,700
Home Value
$570
Rent
1973
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached78.5%
  • 1-unit attached0.9%
  • 2-9 units1.7%
  • 10+ units0.0%
  • Mobile home & other19.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$113,700
Median rent$570
Owner-occupied89.2%
Vacant22.3%
Price-to-income1.8x
Est. income to buy$31,000