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Philadelphia city, PA

ZIP 19122 — Housing & Real Estate

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

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 19122

Median Home Value
$341,000
Median Rent
$1,043
Affordability Snapshot
$94,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,190/mo PITI).

22%
Rent-to-Income Ratio

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

5.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

27.2 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 19122 in Philadelphia city, PA, a household would need roughly $94,000 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 $2,190. That is about 63% above the local median household income ($57,785), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
35.4%-46% vs US avg
x
Vacancy Rate
10.2%-1% vs US avg
x
Broadband Access
87.0%+0% vs US avg
x
4+ Bedrooms
5.7%-62% vs US avg
x
Built Pre-1939
2.8%-78% vs US avg
x
Built Post-2014
3.1%-54% vs US avg
x
Rent Burden >30%
33.1%-33% vs US avg
x
Mortgage-Free
21.8%-43% vs US avg
x
$341,000
Home Value
$1,043
Rent
1974
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached7.5%
  • 1-unit attached46.9%
  • 2-9 units23.1%
  • 10+ units22.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$341,000
Median rent$1,043
Owner-occupied35.4%
Vacant10.2%
Price-to-income5.9x
Est. income to buy$94,000