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These days, finding an affordable place to live in the 16406 area can be challenging. Home prices in 16406 are now at a median cost of $168,298, lower than the Pennsylvania average of $288,156.
The average cost of rent is $893/mo in 16406, primarily driven by the current value of real estate in the 16406 area. In 16406, 16.77% of households rent, and 51.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 16406 is $5,106 per month. Households that rent pay about 17.48% of their income on rent here. 16406’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 16435, PA: equally priced homes
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- 44082, OH: less expensive homes
- 16440, PA: equally priced homes
- 16335, PA: less expensive homes
Zip Codes with Similar Populations
- 35006, AL: less expensive homes
- 01901, MA: higher priced homes
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- 71023, LA: less expensive homes
- 67544, KS: less expensive homes
- 54180, WI: higher priced homes
- 49266, MI: equally priced homes
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