US5.com
  1. Home
  2. States
  3. Pennsylvania
  4. ZIP 15062
  5. Housing & Real Estate
Monessen city, PA

ZIP 15062 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 15062

Median Home Value
$87,100
Median Rent
$570
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$560/mo PITI).

13%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.7 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 15062 in Monessen city, PA, a household would need roughly $24,000 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 $560. That sits below the local median household income ($51,094), 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

Vacancy rate 21% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.0%+12% vs US avg
x
Vacancy Rate
20.8%+101% vs US avg
x
Broadband Access
82.5%-5% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
17.4%+36% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
19.5%-61% vs US avg
x
Mortgage-Free
55.6%+46% vs US avg
x
$87,100
Home Value
$570
Rent
1952
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached81.5%
  • 1-unit attached0.7%
  • 2-9 units8.5%
  • 10+ units9.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$87,100
Median rent$570
Owner-occupied73.0%
Vacant20.8%
Price-to-income1.7x
Est. income to buy$24,000