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These days, finding an affordable place to live in the 16002 area can be challenging. Home prices in 16002 are now at a median cost of $267,684, lower than the Pennsylvania average of $288,156.
The average cost of rent is $849/mo in 16002, primarily driven by the current value of real estate in the 16002 area. In 16002, 16.81% of households rent, and 49.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 16002 is $7,331 per month. Households that rent pay about 11.58% of their income on rent here. 16002’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 16045, PA: less expensive homes
- 16029, PA: less expensive homes
- 16001, PA: less expensive homes
- 16056, PA: equally priced homes
- 16053, PA: higher priced homes
- 16023, PA: equally priced homes
- 16027, PA: higher priced homes
- 16034, PA: less expensive homes
- 16055, PA: higher priced homes
- 16033, PA: higher priced homes
Zip Codes with Similar Populations
- 01247, MA: less expensive homes
- 36541, AL: less expensive homes
- 33469, FL: higher priced homes
- 32222, FL: equally priced homes
- 60601, IL: higher priced homes
- 70767, LA: less expensive homes
- 28365, NC: less expensive homes
- 27358, NC: higher priced homes
- 21774, MD: higher priced homes
- 20124, VA: higher priced homes
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