Housing market/Pennsylvania/ZIP 18940

ACS 2023 · FY2027 SAFMR

ZIP 18940 Newtown, Pennsylvania

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA · Pennsylvania. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
29,797
Households
11,476
Median HH income
$157,591
Renter share
14.0%
Median gross rent
$2,227
Vacancy
2.4%
Pop. change
+2.6%
2BR SAFMR
$2,750
SAFMR / rent
1.235×
2–49 unit stock
771
LIHTC proj / units
—
HUD assisted MF
1 / 110

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 18940 · PA — sent to you.

ZIP 18940 · PA

ACS median rent$2,227
2BR SAFMR$2,750
90% floor$2,475
110% ceiling$3,025

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

Housing stock

ACS 2023 units-in-structure · ZCTA 18940

  • 1-unit detached6,76857.5%
  • 1-unit attached4,03434.3%
  • 2–4 units2532.2%
  • 5–49 units5184.4%
  • 50+ units1561.3%
  • Mobile340.3%
TypeUnitsShare
1-unit detached6,76857.5%
1-unit attached4,03434.3%
2 units (duplex)690.6%
3–4 units1841.6%
5–9 units2362.0%
10–19 units1821.5%
20–49 units1000.9%
50+ units1561.3%
Mobile340.3%

2–4 unit share 2.2% · 5–49 unit share 4.4% · combined 2–49 6.6%.

Units by bedrooms

Studio
65
1BR
373
2BR
2,118
3BR
3,558
4BR
4,435
5+
1,214

Rent burden

Rent ≥30% of income32.7%
Rent ≥50% of income15.9%
  • ACS median gross rent $2,227 (all bedrooms, occupied rentals).
  • Median contract rent $2,042.
  • Renters paying ≥30% of income 32.7%; ≥50% 15.9%.
  • FY2027 2BR SAFMR $2,750 (1.235× ACS median gross rent).

Population

29,797 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.6%.

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: 1 properties, 110 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 96 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 18940 14.0% of occupied households are renters; vacancy is 2.4%; ACS median gross rent is $2,227; population increased +2.6% between the 2018 and 2023 ACS vintages; the housing stock includes 253 units in 2–4-unit structures and 518 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,750 versus ACS median gross rent of $2,227. 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 18940 is a Census / HUD profile for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, 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 18940?

ZIP 18940 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 29,797 residents, 11,476 households, a renter share of 14.0%, median household income of $157,591, and ACS 2023 median gross rent of $2,227. Vacancy is 2.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 18940?

ACS counts 69 units in 2-unit buildings, 184 in 3–4 unit buildings, 236 in 5–9, 182 in 10–19, and 100 in 20–49. Combined 2–49 unit stock is 771 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 18940?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,750. See the full schedule and 90–110% payment-standard band on the ZIP 18940 — Newtown, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 18940 is Census / HUD research for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 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.