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Penn Lake Park borough, PA

ZIP 18661 — 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 18661

Median Home Value
$182,500
Median Rent
$836
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,172/mo PITI).

15%
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.

18.2 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 18661 in Penn Lake Park borough, PA, a household would need roughly $50,000 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 $1,172. That sits below the local median household income ($68,795), 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 35% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.1%+27% vs US avg
x
Vacancy Rate
34.9%+239% vs US avg
x
Broadband Access
88.4%+2% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
2.5%-80% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
34.0%-32% vs US avg
x
Mortgage-Free
48.1%+26% vs US avg
x
$182,500
Home Value
$836
Rent
1980
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached77.7%
  • 1-unit attached6.8%
  • 2-9 units7.1%
  • 10+ units0.2%
  • Mobile home & other8.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$182,500
Median rent$836
Owner-occupied83.1%
Vacant34.9%
Price-to-income2.7x
Est. income to buy$50,000