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These days, finding an affordable place to live in the 16240 area can be challenging. Home prices in 16240 are now at a median cost of $116,471, lower than the Pennsylvania average of $222,630.
The average cost of rent is $658/mo in 16240, primarily driven by the current value of real estate in the 16240 area. While nearly 55.42% of residents own their homes outright in 16240, 16.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 16240 is $4,448 per month. Households that rent pay about 14.79% of their income on rent here. 16240's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 16230, PA: less expensive homes
- 16224, PA: equally priced homes
- 16245, PA: less expensive homes
- 15770, PA: equally priced homes
- 15784, PA: equally priced homes
- 15778, PA: equally priced homes
- 15864, PA: equally priced homes
- 15776, PA: higher priced homes
- 16242, PA: equally priced homes
- 15730, PA: higher priced homes
Zip Codes with Similar Populations
- 03580, NH: higher priced homes
- 04758, ME: less expensive homes
- 12060, NY: higher priced homes
- 44418, OH: higher priced homes
- 54977, WI: higher priced homes
- 54213, WI: higher priced homes
- 52768, IA: higher priced homes
- 52347, IA: less expensive homes
- 51653, IA: higher priced homes
- 50635, IA: higher priced homes
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