ZIP 18419 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 18419 in the Scranton--Wilkes-Barre, PA MSA FMR area.

Scranton--Wilkes-Barre, PA MSA

$900Efficiency
$1,0401 bedroom
$1,2902 bedrooms
$1,6903 bedrooms
$1,8504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$900$810$990$949
1 bedroom$1,040$936$1,144$1,106
2 bedrooms$1,290$1,161$1,419$1,363
3 bedrooms$1,690$1,521$1,859$1,786
4 bedrooms$1,850$1,665$2,035$1,962

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Susquehanna County, PA

$900Efficiency
$1,0401 bedroom
$1,2902 bedrooms
$1,6903 bedrooms
$1,8504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$900$810$990$783
1 bedroom$1,040$936$1,144$820
2 bedrooms$1,290$1,161$1,419$1,060
3 bedrooms$1,690$1,521$1,859$1,386
4 bedrooms$1,850$1,665$2,035$1,451

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 18419

$69,890average adjusted gross income per tax return (2022)
$46,147average salaries and wages per return
2,170tax returns filed
22%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00030.0%
$25,000 to $50,00020.7%
$50,000 to $75,00015.7%
$75,000 to $100,00011.5%
$100,000 to $200,00017.5%
$200,000 or more4.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 13.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 18419?

HUD's FY2027 Small Area FMRs for ZIP 18419 (Scranton--Wilkes-Barre, PA MSA) are $900 efficiency, $1,040 one bedroom, $1,290 two bedrooms, $1,690 three and $1,850 four bedrooms.

What payment standard can a housing authority set in ZIP 18419?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,161 to $1,419.

How affordable is rent in ZIP 18419?

Tax returns filed from ZIP 18419 reported an average adjusted gross income of $69,890 (2022). A two-bedroom unit at the Small Area FMR costs $15,480 a year, or 22% of that income.