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Rental Insights for ZIP Code 15963 (Windber, PA)

Housing Rentals in ZIP Code 15963 (Windber, PA)

15963 ZIP Code in Pennsylvania

Information for Renters in ZIP Code 15963

ZIP Code 15963 is predominantly located in Windber, PA in Somerset County. The median housing rent payment in this region of Pennsylvania is $619 per month. About 25.8% of housing units in this Somerset County ZIP Code are renter-occupied. Additionally, the region has an approximate rental vacancy rate of 9.0%.

The median rent in ZIP Code 15963 of $619 per month is 34% lower than the aggregate Pennsylvania median monthly rent of $938, and is 42% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 70.3% of residents in ZIP Code 15963 have a monthly rent payment between $500 and $999. That is 60% higher than in Pennsylvania overall, in which 44.0% of total state residents pay between $500 and $999 per month for housing. Just 0.3% of renters in ZIP Code 15963 pay $3,000 or more per month for housing.

ZIP Code 15963 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 15963

See the chart below for a comparison of monthly rental costs in ZIP Code 15963, Pennsylvania, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 15963 along with those in the state of Pennsylvania and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 15963

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 15963 Pennsylvania U.S.
Less than $500 21.0% 12.2% 9.4%
$500 to $999 70.3% 44.0% 36.2%
$1,000 to $1,499 7.7% 29.6% 30.0%
$1,500 to $1,999 0.8% 9.3% 14.0%
$2,000 to $2,499 0.0% 2.9% 5.6%
$2,500 to $2,999 0.0% 1.0% 2.4%
$3,000 or more 0.3% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 15963

Renters in ZIP Code 15963 use an estimated 29.61% of their income to cover their monthly rent payments. That is about 1% higher than in Pennsylvania overall. The estimate for Pennsylvania overall is 29.19% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 15963 renters use about 1% less of their income to cover rent expense. Household income figures for ZIP Code 15963 come in lower than in Pennsylvania as a whole. The median annual household income in ZIP Code 15963 of $43,321 sits approximately 30% lower than the overall Pennsylvania median income of $61,744 and approximately 31% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 15963

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 15963, Pennsylvania, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 15963 along with the same calculations in the state of Pennsylvania and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 15963

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 15963 Pennsylvania U.S.
Less than 15.0 percent 15.3% 14.8% 13.1%
15.0 to 19.9 percent 12.7% 13.5% 12.9%
20.0 to 24.9 percent 10.7% 12.6% 12.9%
25.0 to 29.9 percent 13.7% 11.3% 11.6%
30.0 to 34.9 percent 5.1% 8.7% 9.1%
35.0 percent or more 42.4% 39.0% 40.5%

Household Income in ZIP Code 15963

See the table below for the regional comparison of annual household income in ZIP Code 15963.

Income ZIP 15963 Pennsylvania U.S.
Less than $10,000 8.4% 6.1% 6.0%
$10,000 to $14,999 4.1% 4.3% 4.3%
$15,000 to $24,999 12.4% 9.3% 8.9%
$25,000 to $34,999 16.7% 9.2% 8.9%
$35,000 to $49,999 15.2% 12.3% 12.3%
$50,000 to $74,999 13.4% 17.6% 17.2%
$75,000 to $99,999 11.9% 13.1% 12.7%
$100,000 to $149,999 12.7% 15.2% 15.1%
$150,000 to $199,999 3.5% 6.4% 6.8%
$200,000 or more 1.7% 6.6% 7.7%

Household Income in ZIP Code 15963

See the chart below for a comparison of annual household income figures in ZIP Code 15963, Pennsylvania, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 15963 alongside the same figures for the state of Pennsylvania and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 15963

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 15963.

ZIP 15963 Pennsylvania U.S.
Median Housing Rent $619 $938 $1,062
Renter-Occupied Housing Units 25.8% 31.1% 36.0%
Rental Vacancy Rate 9.0% 5.4% 6.0%
Average Size of Renter-Occupied Unit 1.85 2.20 2.49
Average # of Bedrooms Per Unit 2.78 2.8 2.75
Percent of Income Spent on Rent 29.61% 29.19% 29.83%
Per Capita Income $28,424 $34,352 $34,103
Median Household Income $61,066 $84,849 $88,607
Living Below the Poverty Line 10.8% 8.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 15963

In ZIP Code 15963 (Windber, PA), and estimated 25.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 9.0%.

The per capita income in 15963 is estimated at $28,424, which goes along with an estimated median household income of $61,066. About 10.8% of residents in this Somerset County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.85 occupants, while the units have an aggregate average size of 2.78 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.61% of their income on housing rental costs.

Rental FAQs for ZIP Code 15963

1

What is the median monthly rent in ZIP Code 15963?

Median rent for housing in ZIP Code 15963 in Somerset County in Pennsylvania is approximately $619 per month.
2

Is it expensive to rent in ZIP Code 15963?

Rent in ZIP Code 15963 is lower than average in the state of Pennsylvania overall. The median monthly rent of $619 in ZIP Code 15963 is approximately 34% lower than the Pennsylvania median of $938. Additionally, median rent in this Windber, PA region ($619) is about 42% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 15963?

High-priced rentals are less common in ZIP Code 15963 than in Pennsylvania overall. The percentage of rentals in ZIP Code 15963 that cost $3,000 or more per month (0.3%) is about 67% lower than the Pennsylvania rate of 0.9% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 88% higher than the aforementioned 15963 rate of 0.3%.
4

Are affordable rentals common in ZIP Code 15963?

Affordable rentals are more common in ZIP Code 15963 than in Pennsylvania overall. The percentage of housing rentals in ZIP Code 15963 costing $999 or less per month (91.3%) is approximately 62% higher than the Pennsylvania rate of 56.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 100% lower than the previously mentioned 15963 rate of 91.3%.
5

What is the most common cost range that rentals fall into in ZIP Code 15963?

The most common range for rental cost in ZIP Code 15963 is between $500 and $999 per month. About 70.3% of renters in 15963 pay in this range for monthly rent. In comparison, approximately 44.0% of renters in the state of Pennsylvania fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 15963 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 15963 is higher than the rental vacancy rate in the state of Pennsylvania overall. Rental vacancy of 9.0% in ZIP Code 15963 is about 67% higher than the Pennsylvania rate of 5.4%. Looking more broadly, rental vacancy in this Windber, PA region (9.0%) is an estimated 50% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 15963? How does it compare to other Pennsylvania regions?

Median household income in ZIP Code 15963 is lower than in the state of Pennsylvania overall. Annual household income of $43,321 in ZIP Code 15963 is about 30% lower than the Pennsylvania median of $61,744. Additionally, median household income in this Windber, PA region ($43,321) is approximately 31% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 15963 spend on housing costs?

Renters in ZIP Code 15963 spend a higher amount of their income on rent costs than do renters in Pennsylvania overall. Renters in ZIP Code 15963 spend an estimated 29.61% of their income on rent payments, which is about 1% higher than the overall Pennsylvania estimated rate of 29.19%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 1% higher than the ZIP Code 15963 estimated rate of 29.61%.
9

Do renters in ZIP Code 15963 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 15963 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 15963 spending 30 percent or more of their income on rent costs (47.5%) is approximately 0% lower than the Pennsylvania rate of 47.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 4% higher than the aforementioned 15963 rate of 47.5%.
10

What is the average household size of renter-occupied units in ZIP Code 15963?

The average household size of renter-occupied units in ZIP Code 15963 is lower than in the state of Pennsylvania overall. Annual household size of 1.85 in ZIP Code 15963 is about 16% lower than the Pennsylvania median of 2.20. Additionally, median household size in this Windber, PA region (1.85) is approximately 26% lower than median household size of 2.49 in the U.S. as a whole.