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These days, finding an affordable place to live in the 16116 area can be challenging. Home prices in 16116 are now at a median cost of $109,554, lower than the Pennsylvania average of $222,630.
The average cost of rent is $771/mo in 16116, primarily driven by the current value of real estate in the 16116 area. While nearly 48.80% of residents own their homes outright in 16116, 15.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 16116 is $4,642 per month. Households that rent pay about 16.61% of their income on rent here. 16116's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 16132, PA: equally priced homes
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- 44436, OH: higher priced homes
- 16102, PA: less expensive homes
- 16140, PA: equally priced homes
- 16105, PA: higher priced homes
- 44442, OH: higher priced homes
- 16101, PA: equally priced homes
Zip Codes with Similar Populations
- 06455, CT: higher priced homes
- 43787, OH: equally priced homes
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- 53932, WI: higher priced homes
- 98862, WA: higher priced homes
- 47359, IN: less expensive homes
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