Interested in purchasing investment houses in the 18505 zip code in Scranton, PA?
The zip code 18505 is in Lackawanna county with a latitude of -75.653130000000 and longitude of 41.387810000000, is in the state of Pennsylvania. The average asking price of houses and condos is $108,695.00 and the average sale price was $79,500.00. this regions is classified as the Scranton - Wilkes-Barre metro area and consists of the following area codes: 272 and 570. The location in degrees is 41° 23' 16.116" N, 75° 39' 11.268" W. The county F.I.P.S. is 42069. This zip code contains three cities including Scranton, PA (81.79%), Dunmore, PA (16.81%), and Moosic, PA (1.40%) The total land area is 8.5 square miles and the water area is 0.2 square miles. The elevation in this area is 751 - 1650 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 18505 is in county number 069 and is L. Sector 00, L. Segment 01, H. Sector 04, and H. Segment 04. The population was 21,816 in 2019 and 20,586 in 2010. Of this, the break down in 2019 was 20,869 urban and 946 rural. This further breaks down to 10,530 males (48.3%) and 11,285 females (51.7%). The median age of residents is 37.5 years. The population of the greater Scranton--Wilkes-Barre, PA area is 551,999. The population density (people per square mile) is 2,564. This zip code has a combined total of 10,429 houses and condos. There are 4,399 rented appartments. 48% of residents rent versus the 48% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $37,474 and the average salary is $33,024. The median household income of individuals is $38,470.00 and the average is $42,980.00. This zip code has a mean commute time to work of 19.6 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 61.00% (Under $50,000), 28.70% ($50,000-$100,000), and 10.40% earn over $100,000. 20.6% of residents live below poverty line versus the 12.0% in the state that are below this line. The cost of living index is 94.3. The educational breakdown is 85.8% have a high school education or higher, 27.8% have a bachelor's degree or higher, and 9.2% have some kind of profesional degree.
This area has 8,573 households and the average size is 2.4 people. Individuals who are single and have never been married are 36.4%, 44.2% are now married, 1.6% are separated, 6.9% are widowed, and 10.9% are divorced. The average yearly contribution amount given by people to charity was $2,319 versus the state average of $4,025. The percent of residents who gave to charity was 13.6%.
The estimated median value of houses and condos is $114,003. The median monthly owner costs of mortgage holders was $1,225, where as the costs for those who don't have a mortgage are $569. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 2.5% which equated to an average real estate tax amount payment of $2,838. In comparision, the average real estate tax percent rate in the state is 1.5% which equated to an average real estate tax amount payment in the state of $2,887. The median housing property tax percent for residents with mortgages was 2.5% which amounted to an average tax amount of $2,925. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.5% which amounted to an average tax amount of $2,772. Reported taxable interest for persons was $1,272, dividends $3,847, capital gains +$3,602, and itemized deductions $17,584. The average earned income tax credit is $2,346. The percent of individuals that use a tax preparer is 51.5%. The total average income taxes paid by individuals was $7,574. Businesses reported an average profit of $10,467.
White House Steakhouse
312 E Elm St, Scranton, PA 18505
La Trattoria Restaurant
522 Moosic St, Scranton, PA 18505
Sacco's Pizzeria & Italian Restaurant
208 Meadow Ave, Scranton, PA 18505
Italo's Restaurant
731 Pittston Ave, Scranton, PA 18505
Brick Oven Pizzeria
1106 S Washington Ave, Scranton, PA 18505
Bella Pizza & Restaurants
532 Pittston Ave, Scranton, PA 18505