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Wilkes-Barre city, PA

ZIP 18702 — 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 18702

Median Home Value
$115,700
Median Rent
$768
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$743/mo PITI).

17%
Rent-to-Income Ratio

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

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.6 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 18702 in Wilkes-Barre city, PA, a household would need roughly $32,000 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 $743. That sits below the local median household income ($54,892), 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
57.1%-13% vs US avg
x
Vacancy Rate
13.3%+29% vs US avg
x
Broadband Access
84.8%-2% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
9.5%-26% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
22.0%-56% vs US avg
x
Mortgage-Free
46.1%+21% vs US avg
x
$115,700
Home Value
$768
Rent
1951
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached54.9%
  • 1-unit attached13.5%
  • 2-9 units17.3%
  • 10+ units11.7%
  • Mobile home & other2.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$115,700
Median rent$768
Owner-occupied57.1%
Vacant13.3%
Price-to-income2.1x
Est. income to buy$32,000