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Affordable
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These days, finding an affordable place to live in the 16242 area can be challenging. Home prices in 16242 are now at a median cost of $140,465, lower than the Pennsylvania average of $288,156.
The average cost of rent is $692/mo in 16242, primarily driven by the current value of real estate in the 16242 area. In 16242, 27.93% of households rent, and 56.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 16242 is $4,888 per month. Households that rent pay about 14.15% of their income on rent here. 16242’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern 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
- 16223, PA: less expensive homes
- 16245, PA: less expensive homes
- 16253, PA: equally priced homes
- 16230, PA: less expensive homes
- 16224, PA: equally priced homes
- 16240, PA: equally priced homes
- 15778, PA: less expensive homes
- 16259, PA: equally priced homes
- 16248, PA: less expensive homes
- 15770, PA: less expensive homes
Zip Codes with Similar Populations
- 46554, IN: higher priced homes
- 74965, OK: less expensive homes
- 74079, OK: equally priced homes
- 72422, AR: less expensive homes
- 70032, LA: higher priced homes
- 63873, MO: equally priced homes
- 63456, MO: higher priced homes
- 63353, MO: less expensive homes
- 63019, MO: higher priced homes
- 62902, IL: higher priced homes
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