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Cornwall borough, PA

ZIP 17016 — 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 17016

Median Home Value
$164,600
Median Rent
$2,763
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,057/mo PITI).

47%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

5.0 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 17016 in Cornwall borough, PA, a household would need roughly $45,000 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 $1,057. That sits below the local median household income ($70,833), 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 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
37.4%-43% vs US avg
x
Vacancy Rate
13.0%+27% vs US avg
x
Broadband Access
98.2%+13% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
0.0%
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
12.7%-67% vs US avg
x
$164,600
Home Value
$2,763
Rent
1956
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached29.1%
  • 1-unit attached39.8%
  • 2-9 units0.0%
  • 10+ units31.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$164,600
Median rent$2,763
Owner-occupied37.4%
Vacant13.0%
Price-to-income2.3x
Est. income to buy$45,000