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Gratz borough, PA

ZIP 17048 — 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 17048

Median Home Value
$136,300
Median Rent
$672
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$876/mo PITI).

11%
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.

16.9 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 17048 in Gratz borough, PA, a household would need roughly $38,000 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 $876. That sits below the local median household income ($72,873), 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
68.4%+5% vs US avg
x
Vacancy Rate
10.8%+5% vs US avg
x
Broadband Access
76.0%-13% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
9.3%-28% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
20.4%-59% vs US avg
x
Mortgage-Free
41.6%+9% vs US avg
x
$136,300
Home Value
$672
Rent
1938
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 detached66.6%
  • 1-unit attached14.8%
  • 2-9 units8.6%
  • 10+ units2.9%
  • Mobile home & other7.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$136,300
Median rent$672
Owner-occupied68.4%
Vacant10.8%
Price-to-income1.9x
Est. income to buy$38,000