Housing market/Pennsylvania/ZIP 18642

ACS 2023 · FY2027 SAFMR

ZIP 18642 Duryea, 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
4,469
Households
1,861
Median HH income
$61,587
Renter share
29.2%
Median gross rent
$1,122
Vacancy
9.8%
Pop. change
+7.2%
2BR SAFMR
$1,480
SAFMR / rent
1.319×
2–49 unit stock
239
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18642 · PA — sent to you.

ZIP 18642 · PA

ACS median rent$1,122
2BR SAFMR$1,480
90% floor$1,332
110% ceiling$1,628

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

Housing stock

ACS 2023 units-in-structure · ZCTA 18642

  • 1-unit detached1,53174.2%
  • 1-unit attached1627.9%
  • 2–4 units1497.2%
  • 5–49 units904.4%
  • 50+ units803.9%
  • Mobile502.4%
TypeUnitsShare
1-unit detached1,53174.2%
1-unit attached1627.9%
2 units (duplex)1085.2%
3–4 units412.0%
5–9 units00.0%
10–19 units834.0%
20–49 units70.3%
50+ units803.9%
Mobile502.4%

2–4 unit share 7.2% · 5–49 unit share 4.4% · combined 2–49 11.6%.

Units by bedrooms

Studio
0
1BR
188
2BR
464
3BR
1,070
4BR
340
5+
0

Rent burden

Rent ≥30% of income44.7%
Rent ≥50% of income26.8%
  • ACS median gross rent $1,122 (all bedrooms, occupied rentals).
  • Median contract rent $809.
  • Renters paying ≥30% of income 44.7%; ≥50% 26.8%.
  • FY2027 2BR SAFMR $1,480 (1.319× ACS median gross rent).

Population

4,469 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.2%.

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 18642 29.2% of occupied households are renters; vacancy is 9.8%; ACS median gross rent is $1,122; population increased +7.2% between the 2018 and 2023 ACS vintages; the housing stock includes 149 units in 2–4-unit structures and 90 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,480 versus ACS median gross rent of $1,122. 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 18642 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 18642?

ZIP 18642 (Scranton--Wilkes-Barre, PA MSA) has 4,469 residents, 1,861 households, a renter share of 29.2%, median household income of $61,587, and ACS 2023 median gross rent of $1,122. Vacancy is 9.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18642?

ACS counts 108 units in 2-unit buildings, 41 in 3–4 unit buildings, 0 in 5–9, 83 in 10–19, and 7 in 20–49. Combined 2–49 unit stock is 239 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18642?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,480. See the full schedule and 90–110% payment-standard band on the ZIP 18642 — Duryea, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18642 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.