Housing market/Pennsylvania/ZIP 17033

ACS 2023 · FY2027 SAFMR

ZIP 17033 Hershey, Pennsylvania

Lebanon, PA MSA · Pennsylvania. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
17,009
Households
6,443
Median HH income
$75,093
Renter share
46.5%
Median gross rent
$1,311
Vacancy
4.3%
Pop. change
-3.2%
2BR SAFMR
$1,710
SAFMR / rent
1.304×
2–49 unit stock
1,736
LIHTC proj / units
1 / 60
HUD assisted MF
2 / 217

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 17033 · PA — sent to you.

ZIP 17033 · PA

ACS median rent$1,311
2BR SAFMR$1,710
90% floor$1,539
110% ceiling$1,881

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 17033

  • 1-unit detached3,31049.2%
  • 1-unit attached99914.8%
  • 2–4 units81912.2%
  • 5–49 units91713.6%
  • 50+ units5458.1%
  • Mobile1432.1%
TypeUnitsShare
1-unit detached3,31049.2%
1-unit attached99914.8%
2 units (duplex)3214.8%
3–4 units4987.4%
5–9 units2974.4%
10–19 units4086.1%
20–49 units2123.1%
50+ units5458.1%
Mobile1432.1%

2–4 unit share 12.2% · 5–49 unit share 13.6% · combined 2–49 25.8%.

Units by bedrooms

Studio
123
1BR
789
2BR
1,853
3BR
2,428
4BR
1,105
5+
435

Rent burden

Rent ≥30% of income38.4%
Rent ≥50% of income19.4%
  • ACS median gross rent $1,311 (all bedrooms, occupied rentals).
  • Median contract rent $1,155.
  • Renters paying ≥30% of income 38.4%; ≥50% 19.4%.
  • FY2027 2BR SAFMR $1,710 (1.304× ACS median gross rent).

Population

17,009 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 60 units.
  • HUD project-based assisted MF: 2 properties, 217 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 197 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 17033 46.5% of occupied households are renters; vacancy is 4.3%; ACS median gross rent is $1,311; population changed -3.2% between the 2018 and 2023 ACS vintages; the housing stock includes 819 units in 2–4-unit structures and 917 units in 5–49-unit structures; 1 LIHTC projects totaling 60 units; FY2027 2BR SAFMR is $1,710 versus ACS median gross rent of $1,311. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Pennsylvania research

ZIP 17033 is a Census / HUD profile for Lebanon, PA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Pennsylvania research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 17033?

ZIP 17033 (Lebanon, PA MSA) has 17,009 residents, 6,443 households, a renter share of 46.5%, median household income of $75,093, and ACS 2023 median gross rent of $1,311. Vacancy is 4.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 17033?

ACS counts 321 units in 2-unit buildings, 498 in 3–4 unit buildings, 297 in 5–9, 408 in 10–19, and 212 in 20–49. Combined 2–49 unit stock is 1,736 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 17033?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,710. See the full schedule and 90–110% payment-standard band on the ZIP 17033 — Hershey, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 17033 is Census / HUD research for Lebanon, PA MSA. Jeff Crowe CRE does not list Pennsylvania property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.