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, PA

ZIP 16023 — 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 16023

Median Home Value
$249,400
Median Rent
$1,054
Affordability Snapshot
$69,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,602/mo PITI).

15%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.7 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 16023 in PA, a household would need roughly $69,000 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 $1,602. That sits below the local median household income ($83,704), 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
71.9%+10% vs US avg
x
Vacancy Rate
6.3%-38% vs US avg
x
Broadband Access
79.9%-8% vs US avg
x
4+ Bedrooms
2.3%-84% vs US avg
x
Built Pre-1939
6.2%-51% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
24.5%-51% vs US avg
x
Mortgage-Free
46.1%+21% vs US avg
x
$249,400
Home Value
$1,054
Rent
1983
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 detached72.0%
  • 1-unit attached2.4%
  • 2-9 units4.4%
  • 10+ units15.3%
  • Mobile home & other5.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$249,400
Median rent$1,054
Owner-occupied71.9%
Vacant6.3%
Price-to-income3.0x
Est. income to buy$69,000