Housing market/Pennsylvania/ZIP 19040

ACS 2023 · FY2027 SAFMR

ZIP 19040 Hatboro, 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
21,866
Households
7,901
Median HH income
$109,207
Renter share
27.5%
Median gross rent
$1,657
Vacancy
4.5%
Pop. change
+6.2%
2BR SAFMR
$2,170
SAFMR / rent
1.310×
2–49 unit stock
998
LIHTC proj / units
—
HUD assisted MF
1 / 137

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 19040 · PA — sent to you.

ZIP 19040 · PA

ACS median rent$1,657
2BR SAFMR$2,170
90% floor$1,953
110% ceiling$2,387

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

Housing stock

ACS 2023 units-in-structure · ZCTA 19040

  • 1-unit detached5,46066.0%
  • 1-unit attached83110.0%
  • 2–4 units3644.4%
  • 5–49 units6347.7%
  • 50+ units98811.9%
TypeUnitsShare
1-unit detached5,46066.0%
1-unit attached83110.0%
2 units (duplex)2352.8%
3–4 units1291.6%
5–9 units3464.2%
10–19 units2192.6%
20–49 units690.8%
50+ units98811.9%
Mobile00.0%

2–4 unit share 4.4% · 5–49 unit share 7.7% · combined 2–49 12.1%.

Units by bedrooms

Studio
186
1BR
965
2BR
1,602
3BR
3,115
4BR
2,025
5+
384

Rent burden

Rent ≥30% of income44.6%
Rent ≥50% of income25.3%
  • ACS median gross rent $1,657 (all bedrooms, occupied rentals).
  • Median contract rent $1,566.
  • Renters paying ≥30% of income 44.6%; ≥50% 25.3%.
  • FY2027 2BR SAFMR $2,170 (1.310× ACS median gross rent).

Population

21,866 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.2%.

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: 1 properties, 137 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,075 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 19040 27.5% of occupied households are renters; vacancy is 4.5%; ACS median gross rent is $1,657; population increased +6.2% between the 2018 and 2023 ACS vintages; the housing stock includes 364 units in 2–4-unit structures and 634 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,170 versus ACS median gross rent of $1,657. 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 19040 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 19040?

ZIP 19040 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 21,866 residents, 7,901 households, a renter share of 27.5%, median household income of $109,207, and ACS 2023 median gross rent of $1,657. Vacancy is 4.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 19040?

ACS counts 235 units in 2-unit buildings, 129 in 3–4 unit buildings, 346 in 5–9, 219 in 10–19, and 69 in 20–49. Combined 2–49 unit stock is 998 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 19040?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,170. See the full schedule and 90–110% payment-standard band on the ZIP 19040 — Hatboro, PA HUD Section 8 Payment Standards / SAFMR.

Does this Pennsylvania ZIP profile include Georgia listings?

No. ZIP 19040 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.