Housing market/Pennsylvania/ZIP 18431

ACS 2023 · FY2027 SAFMR

ZIP 18431 Honesdale, Wayne County, Pennsylvania

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

Population
12,576
Households
5,403
Median HH income
$55,323
Renter share
26.2%
Median gross rent
$1,013
Vacancy
13.1%
Pop. change
+4.1%
2BR SAFMR
$1,160
SAFMR / rent
1.145×
2–49 unit stock
751
LIHTC proj / units
1 / 58
HUD assisted MF
1 / 40

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18431 · PA — sent to you.

ZIP 18431 · PA

ACS median rent$1,013
2BR SAFMR$1,160
90% floor$1,044
110% ceiling$1,276

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

Housing stock

ACS 2023 units-in-structure · ZCTA 18431

  • 1-unit detached4,63674.7%
  • 1-unit attached641.0%
  • 2–4 units5188.3%
  • 5–49 units2333.8%
  • 50+ units320.5%
  • Mobile72511.7%
TypeUnitsShare
1-unit detached4,63674.6%
1-unit attached641.0%
2 units (duplex)2554.1%
3–4 units2634.2%
5–9 units1191.9%
10–19 units791.3%
20–49 units350.6%
50+ units320.5%
Mobile72511.7%

2–4 unit share 8.3% · 5–49 unit share 3.7% · combined 2–49 12.1%.

Units by bedrooms

Studio
63
1BR
599
2BR
1,527
3BR
2,856
4BR
834
5+
338

Rent burden

Rent ≥30% of income41.6%
Rent ≥50% of income23.2%
  • ACS median gross rent $1,013 (all bedrooms, occupied rentals).
  • Median contract rent $820.
  • Renters paying ≥30% of income 41.6%; ≥50% 23.2%.
  • FY2027 2BR SAFMR $1,160 (1.145× ACS median gross rent).

Population

12,576 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 58 units.
  • HUD project-based assisted MF: 1 properties, 40 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 18431 26.2% of occupied households are renters; vacancy is 13.1%; ACS median gross rent is $1,013; population increased +4.1% between the 2018 and 2023 ACS vintages; the housing stock includes 518 units in 2–4-unit structures and 233 units in 5–49-unit structures; 1 LIHTC projects totaling 58 units; FY2027 2BR SAFMR is $1,160 versus ACS median gross rent of $1,013. 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 18431 is a Census / HUD profile for Wayne County, 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 18431?

ZIP 18431 (Wayne County, PA) has 12,576 residents, 5,403 households, a renter share of 26.2%, median household income of $55,323, and ACS 2023 median gross rent of $1,013. Vacancy is 13.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18431?

ACS counts 255 units in 2-unit buildings, 263 in 3–4 unit buildings, 119 in 5–9, 79 in 10–19, and 35 in 20–49. Combined 2–49 unit stock is 751 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18431?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,160. See the full schedule and 90–110% payment-standard band on the ZIP 18431 — Honesdale, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18431 is Census / HUD research for Wayne County, PA. 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.