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Economy borough, PA

ZIP 15005 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 15005

Median Home Value
$207,800
Median Rent
$545
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,335/mo PITI).

8%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

31.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 15005 in Economy borough, PA, a household would need roughly $57,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,335. That sits below the local median household income ($77,356), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
86.9%+33% vs US avg
x
Vacancy Rate
7.7%-26% vs US avg
x
Broadband Access
92.0%+6% vs US avg
x
4+ Bedrooms
2.9%-81% vs US avg
x
Built Pre-1939
15.1%+18% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
8.0%-84% vs US avg
x
Mortgage-Free
51.1%+34% vs US avg
x
$207,800
Home Value
$545
Rent
1959
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached86.8%
  • 1-unit attached4.0%
  • 2-9 units5.0%
  • 10+ units4.0%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$207,800
Median rent$545
Owner-occupied86.9%
Vacant7.7%
Price-to-income2.7x
Est. income to buy$57,000