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These days, finding an affordable place to live in the 16040 area can be challenging. Home prices in 16040 are now at a median cost of $143,466, lower than the Pennsylvania average of $222,630.
The average cost of rent is $633/mo in 16040, primarily driven by the current value of real estate in the 16040 area. While nearly 53.83% of residents own their homes outright in 16040, 16.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in 16040 is $5,211 per month. Households that rent pay about 12.15% of their income on rent here. 16040's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 16030, PA: equally priced homes
- 16048, PA: equally priced homes
- 16020, PA: higher priced homes
- 16050, PA: equally priced homes
- 16022, PA: equally priced homes
- 16372, PA: less expensive homes
- 16061, PA: higher priced homes
- 16049, PA: less expensive homes
- 16036, PA: less expensive homes
- 16038, PA: equally priced homes
Zip Codes with Similar Populations
- 79839, TX: less expensive homes
- 27826, NC: less expensive homes
- 84784, UT: higher priced homes
- 84620, UT: higher priced homes
- 84324, UT: higher priced homes
- 83450, ID: higher priced homes
- 29446, SC: less expensive homes
- 83255, ID: higher priced homes
- 82054, WY: higher priced homes
- 80821, CO: higher priced homes
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