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, PA

ZIP 16055 — 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 16055

Median Home Value
$291,000
Median Rent
$911
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,869/mo PITI).

12%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

26.6 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 16055 in PA, a household would need roughly $80,000 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 $1,869. That sits below the local median household income ($89,112), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
91.4%+40% vs US avg
x
Vacancy Rate
3.2%-69% vs US avg
x
Broadband Access
87.1%+0% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
5.4%-57% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
13.0%-74% vs US avg
x
Mortgage-Free
52.5%+38% vs US avg
x
$291,000
Home Value
$911
Rent
1979
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 detached87.3%
  • 1-unit attached3.4%
  • 2-9 units0.0%
  • 10+ units1.1%
  • Mobile home & other8.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$291,000
Median rent$911
Owner-occupied91.4%
Vacant3.2%
Price-to-income3.3x
Est. income to buy$80,000