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These days, finding an affordable place to live in the 16056 area can be challenging. Home prices in 16056 are now at a median cost of $285,353, lower than the Pennsylvania average of $288,156.
The average cost of rent is $874/mo in 16056, primarily driven by the current value of real estate in the 16056 area. In 16056, 20.10% of households rent, and 54.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 16056 is $6,574 per month. Households that rent pay about 13.29% of their income on rent here. 16056’s most expensive areas are in the southwestern 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
- 16055, PA: higher priced homes
- 16023, PA: equally priced homes
- 16002, PA: equally priced homes
- 16059, PA: higher priced homes
- 15006, PA: less expensive homes
- 15007, PA: higher priced homes
- 15084, PA: less expensive homes
- 16229, PA: less expensive homes
- 15076, PA: less expensive homes
- 16045, PA: less expensive homes
Zip Codes with Similar Populations
- 15342, PA: less expensive homes
- 24260, VA: less expensive homes
- 24090, VA: equally priced homes
- 24088, VA: less expensive homes
- 87068, NM: equally priced homes
- 17954, PA: less expensive homes
- 94005, CA: higher priced homes
- 17509, PA: higher priced homes
- 16316, PA: less expensive homes
- 15626, PA: less expensive homes
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