Housing market/Pennsylvania/ZIP 18621

ACS 2023 · FY2027 SAFMR

ZIP 18621 Hunlock Creek, Pennsylvania

Scranton--Wilkes-Barre, 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
4,903
Households
1,845
Median HH income
$66,492
Renter share
8.5%
Median gross rent
$1,243
Vacancy
15.6%
Pop. change
-27.6%
2BR SAFMR
$1,590
SAFMR / rent
1.279×
2–49 unit stock
6
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18621 · PA — sent to you.

ZIP 18621 · PA

ACS median rent$1,243
2BR SAFMR$1,590
90% floor$1,431
110% ceiling$1,749

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

Housing stock

ACS 2023 units-in-structure · ZCTA 18621

  • 1-unit detached1,89986.8%
  • 1-unit attached50.2%
  • 2–4 units60.3%
  • Mobile27712.7%
TypeUnitsShare
1-unit detached1,89986.8%
1-unit attached50.2%
2 units (duplex)00.0%
3–4 units60.3%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile27712.7%

2–4 unit share 0.3% · 5–49 unit share 0.0% · combined 2–49 0.3%.

Units by bedrooms

Studio
29
1BR
57
2BR
476
3BR
1,235
4BR
319
5+
71

Rent burden

Rent ≥30% of income33.8%
Rent ≥50% of income14.6%
  • ACS median gross rent $1,243 (all bedrooms, occupied rentals).
  • Median contract rent $698.
  • Renters paying ≥30% of income 33.8%; ≥50% 14.6%.
  • FY2027 2BR SAFMR $1,590 (1.279× ACS median gross rent).

Population

4,903 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -27.6%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 21 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 18621 8.5% of occupied households are renters; vacancy is 15.6%; ACS median gross rent is $1,243; population changed -27.6% between the 2018 and 2023 ACS vintages; the housing stock includes 6 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,590 versus ACS median gross rent of $1,243. 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 18621 is a Census / HUD profile for Scranton--Wilkes-Barre, 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 18621?

ZIP 18621 (Scranton--Wilkes-Barre, PA MSA) has 4,903 residents, 1,845 households, a renter share of 8.5%, median household income of $66,492, and ACS 2023 median gross rent of $1,243. Vacancy is 15.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18621?

ACS counts 0 units in 2-unit buildings, 6 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 6 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18621?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,590. See the full schedule and 90–110% payment-standard band on the ZIP 18621 — Hunlock Creek, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18621 is Census / HUD research for Scranton--Wilkes-Barre, 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.