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Rental Insights for ZIP Code 18216 (Beaver Meadows, PA)

Housing Rentals in ZIP Code 18216 (Beaver Meadows, PA)

18216 ZIP Code in Pennsylvania

Information for Renters in ZIP Code 18216

ZIP Code 18216 is predominantly located in Beaver Meadows, PA in Carbon County. This region of Pennsylvania has an estimated median housing rent of $889 per month. About 25.0% of housing units in this Carbon County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 18216 of $889 per month is 5% lower than the aggregate Pennsylvania median monthly rent of $938, and is 16% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 65.3% of renters in ZIP Code 18216 pay between $500 and $999 per month for housing. That is 48% higher than in Pennsylvania overall, in which 44.0% of total state residents pay between $500 and $999 per month for housing. Just 9.1% of renters in this Beaver Meadows, PA region pay less than $500 for monthly rent.

ZIP Code 18216 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 18216

See the chart below for a comparison of monthly rental costs in ZIP Code 18216, Pennsylvania, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 18216 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 18216

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

Cost ZIP 18216 Pennsylvania U.S.
Less than $500 9.1% 12.2% 9.4%
$500 to $999 65.3% 44.0% 36.2%
$1,000 to $1,499 25.6% 29.6% 30.0%
$1,500 to $1,999 0.0% 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 0.0% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 18216

Renters in ZIP Code 18216 use an estimated 30.81% of their income to cover their monthly rent payments. That is about 6% 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 18216 renters use about 3% more of their income to cover rent expense. Household income figures for ZIP Code 18216 come in lower than in Pennsylvania as a whole. The median annual household income in ZIP Code 18216 of $47,344 sits approximately 23% lower than the overall Pennsylvania median income of $61,744 and approximately 25% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 18216

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 18216, 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 18216 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 18216

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

Rent Cost as % of Income ZIP 18216 Pennsylvania U.S.
Less than 15.0 percent 5.8% 14.8% 13.1%
15.0 to 19.9 percent 16.5% 13.5% 12.9%
20.0 to 24.9 percent 17.4% 12.6% 12.9%
25.0 to 29.9 percent 11.6% 11.3% 11.6%
30.0 to 34.9 percent 5.0% 8.7% 9.1%
35.0 percent or more 43.8% 39.0% 40.5%

Household Income in ZIP Code 18216

See the table below for the regional comparison of annual household income in ZIP Code 18216.

Income ZIP 18216 Pennsylvania U.S.
Less than $10,000 3.2% 6.1% 6.0%
$10,000 to $14,999 2.5% 4.3% 4.3%
$15,000 to $24,999 12.3% 9.3% 8.9%
$25,000 to $34,999 16.3% 9.2% 8.9%
$35,000 to $49,999 18.2% 12.3% 12.3%
$50,000 to $74,999 21.8% 17.6% 17.2%
$75,000 to $99,999 9.7% 13.1% 12.7%
$100,000 to $149,999 12.9% 15.2% 15.1%
$150,000 to $199,999 1.6% 6.4% 6.8%
$200,000 or more 1.4% 6.6% 7.7%

Household Income in ZIP Code 18216

See the chart below for a comparison of annual household income figures in ZIP Code 18216, Pennsylvania, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 18216 alongside the same figures for the state of Pennsylvania and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 18216

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 18216.

ZIP 18216 Pennsylvania U.S.
Median Housing Rent $889 $938 $1,062
Renter-Occupied Housing Units 25.0% 31.1% 36.0%
Rental Vacancy Rate 0.0% 5.4% 6.0%
Average Size of Renter-Occupied Unit 2.46 2.20 2.49
Average # of Bedrooms Per Unit 2.9 2.8 2.75
Percent of Income Spent on Rent 30.81% 29.19% 29.83%
Per Capita Income $28,395 $34,352 $34,103
Median Household Income $64,205 $84,849 $88,607
Living Below the Poverty Line 6.4% 8.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 18216

In ZIP Code 18216 (Beaver Meadows, PA), and estimated 25.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 18216 is estimated at $28,395, which goes along with an estimated median household income of $64,205. About 6.4% of residents in this Carbon County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.46 occupants, while the units have an aggregate average size of 2.9 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.81% of their income on housing rental costs.

Rental FAQs for ZIP Code 18216

1

What is the median monthly rent in ZIP Code 18216?

Median rent for housing in ZIP Code 18216 in Carbon County in Pennsylvania is approximately $889 per month.
2

Is it expensive to rent in ZIP Code 18216?

Rent in ZIP Code 18216 is lower than average in the state of Pennsylvania overall. The median monthly rent of $889 in ZIP Code 18216 is approximately 5% lower than the Pennsylvania median of $938. Additionally, median rent in this Beaver Meadows, PA region ($889) is about 16% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 18216?

High-priced rentals are not common in the Beaver Meadows, PA ZIP Code of 18216, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Pennsylvania overall, approximately 0.9% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 18216?

Affordable rentals are more common in ZIP Code 18216 than in Pennsylvania overall. The percentage of housing rentals in ZIP Code 18216 costing $999 or less per month (74.4%) is approximately 32% 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 63% lower than the previously mentioned 18216 rate of 74.4%.
5

What is the most common cost range that rentals fall into in ZIP Code 18216?

The most common range for rental cost in ZIP Code 18216 is between $500 and $999 per month. About 65.3% of renters in 18216 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 18216 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 18216 is lower than the rental vacancy rate in the state of Pennsylvania overall. Rental vacancy of 0.0% in ZIP Code 18216 is about 100% lower than the Pennsylvania rate of 5.4%. Looking more broadly, rental vacancy in this Beaver Meadows, PA region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 18216? How does it compare to other Pennsylvania regions?

Median household income in ZIP Code 18216 is lower than in the state of Pennsylvania overall. Annual household income of $47,344 in ZIP Code 18216 is about 23% lower than the Pennsylvania median of $61,744. Additionally, median household income in this Beaver Meadows, PA region ($47,344) is approximately 25% 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 18216 spend on housing costs?

Renters in ZIP Code 18216 spend a higher amount of their income on rent costs than do renters in Pennsylvania overall. Renters in ZIP Code 18216 spend an estimated 30.81% of their income on rent payments, which is about 6% 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 3% lower than the ZIP Code 18216 estimated rate of 30.81%.
9

Do renters in ZIP Code 18216 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 18216 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 18216 spending 30 percent or more of their income on rent costs (48.8%) is approximately 2% higher 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 2% higher than the aforementioned 18216 rate of 48.8%.
10

What is the average household size of renter-occupied units in ZIP Code 18216?

The average household size of renter-occupied units in ZIP Code 18216 is higher than in the state of Pennsylvania overall. Annual household size of 2.46 in ZIP Code 18216 is about 12% higher than the Pennsylvania median of 2.20. Additionally, median household size in this Beaver Meadows, PA region (2.46) is approximately 1% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Pennsylvania ZIP Codes