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These days, finding an affordable place to live in the 16023 area can be challenging. Home prices in 16023 are now at a median cost of $285,658, lower than the Pennsylvania average of $288,156.
The average cost of rent is $1,119/mo in 16023, primarily driven by the current value of real estate in the 16023 area. In 16023, 21.24% of households rent, and 46.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 16023 is $7,286 per month. Households that rent pay about 15.36% of their income on rent here. 16023’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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
- 16055, PA: higher priced homes
- 16056, PA: equally priced homes
- 16034, PA: less expensive homes
- 16002, PA: equally priced homes
- 16229, PA: less expensive homes
- 16262, PA: less expensive homes
- 16029, PA: less expensive homes
- 16045, PA: less expensive homes
- 16212, PA: less expensive homes
- 15065, PA: less expensive homes
Zip Codes with Similar Populations
- 49056, MI: less expensive homes
- 47838, IN: less expensive homes
- 47512, IN: less expensive homes
- 29353, SC: less expensive homes
- 75691, TX: less expensive homes
- 44437, OH: less expensive homes
- 28160, NC: less expensive homes
- 77363, TX: equally priced homes
- 27883, NC: less expensive homes
- 78636, TX: higher priced homes
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