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Affordable
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These days, finding an affordable place to live in the 16940 area can be challenging. Home prices in 16940 are now at a median cost of $194,700, lower than the Pennsylvania average of $288,156.
The average cost of rent is $425/mo in 16940, primarily driven by the current value of real estate in the 16940 area. In 16940, 7.46% of households rent, and 60.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 16940 is $6,007 per month. Households that rent pay about 7.08% of their income on rent here. 16940’s most expensive areas are in the northern regions, while the cheapest areas are in the northern 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
- 16920, PA: less expensive homes
- 16942, PA: less expensive homes
- 16929, PA: less expensive homes
- 14858, NY: less expensive homes
- 16946, PA: less expensive homes
- 14801, NY: less expensive homes
- 16935, PA: equally priced homes
- 16928, PA: less expensive homes
- 14898, NY: less expensive homes
- 16936, PA: equally priced homes
Zip Codes with Similar Populations
- 04936, ME: higher priced homes
- 05657, VT: higher priced homes
- 06091, CT: higher priced homes
- 12139, NY: higher priced homes
- 69211, NE: less expensive homes
- 62862, IL: less expensive homes
- 64741, MO: less expensive homes
- 66853, KS: less expensive homes
- 66873, KS: less expensive homes
- 67745, KS: less expensive homes
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