Housing market/Pennsylvania/ZIP 16114

ACS 2023 · FY2027 SAFMR

ZIP 16114 Clarks Mills, Mercer County, Pennsylvania

Mercer 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
575
Households
219
Median HH income
$63,750
Renter share
11.4%
Median gross rent
$488
Vacancy
15.4%
Pop. change
-10.0%
2BR SAFMR
$1,040
SAFMR / rent
2.131×
2–49 unit stock
11
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 16114 · PA — sent to you.

ZIP 16114 · PA

ACS median rent$488
2BR SAFMR$1,040
90% floor$936
110% ceiling$1,144

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

Housing stock

ACS 2023 units-in-structure · ZCTA 16114

  • 1-unit detached19575.3%
  • 1-unit attached20.8%
  • 2–4 units114.2%
  • Mobile5119.7%
TypeUnitsShare
1-unit detached19575.3%
1-unit attached20.8%
2 units (duplex)114.2%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile5119.7%

2–4 unit share 4.2% · 5–49 unit share 0.0% · combined 2–49 4.2%.

Units by bedrooms

Studio
11
1BR
18
2BR
81
3BR
103
4BR
38
5+
8

Rent burden

Rent ≥30% of income0.0%
Rent ≥50% of income0.0%
  • ACS median gross rent $488 (all bedrooms, occupied rentals).
  • Median contract rent $338.
  • Renters paying ≥30% of income 0.0%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,040 (2.131× ACS median gross rent).

Population

575 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -10.0%.

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 12 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 16114 11.4% of occupied households are renters; vacancy is 15.4%; ACS median gross rent is $488; population changed -10.0% between the 2018 and 2023 ACS vintages; the housing stock includes 11 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $488. 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 16114 is a Census / HUD profile for Mercer 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 16114?

ZIP 16114 (Mercer County, PA) has 575 residents, 219 households, a renter share of 11.4%, median household income of $63,750, and ACS 2023 median gross rent of $488. Vacancy is 15.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 16114?

ACS counts 11 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 11 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 16114?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 16114 — Clarks Mills, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 16114 is Census / HUD research for Mercer 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.