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Bear Lake borough, PA

ZIP 16402 — 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 16402

Median Home Value
$85,900
Median Rent
N/A
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$552/mo PITI).

1.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

To comfortably buy a median-priced home in ZIP 16402 in Bear Lake borough, 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 $552. That sits below the local median household income ($54,783), 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 24% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
90.6%+39% vs US avg
x
Vacancy Rate
23.5%+128% vs US avg
x
Broadband Access
87.2%+0% vs US avg
x
4+ Bedrooms
2.9%-80% vs US avg
x
Built Pre-1939
3.9%-69% vs US avg
x
Built Post-2014
3.3%-53% vs US avg
x
Rent Burden >30%
22.7%-54% vs US avg
x
Mortgage-Free
50.5%+32% vs US avg
x
$85,900
Home Value
N/A
Rent
1975
Year Built
1999
Moved In

Residents have lived here since ~1999 on average

Housing Structure

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

  • 1-unit detached62.4%
  • 1-unit attached0.3%
  • 2-9 units1.0%
  • 10+ units0.0%
  • Mobile home & other36.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$85,900
Median rent$-666,666,666
Owner-occupied90.6%
Vacant23.5%
Price-to-income1.6x
Est. income to buy$24,000