ZIP 18436 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 18436 in the Scranton--Wilkes-Barre, PA MSA FMR area.

Scranton--Wilkes-Barre, PA MSA

$970Efficiency
$1,1201 bedroom
$1,3302 bedrooms
$1,7103 bedrooms
$2,1404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$970$873$1,067$949
1 bedroom$1,120$1,008$1,232$1,106
2 bedrooms$1,330$1,197$1,463$1,363
3 bedrooms$1,710$1,539$1,881$1,786
4 bedrooms$2,140$1,926$2,354$1,962

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

Wayne County, PA

$970Efficiency
$1,1201 bedroom
$1,3302 bedrooms
$1,7103 bedrooms
$2,1404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$970$873$1,067$874
1 bedroom$1,120$1,008$1,232$1,008
2 bedrooms$1,330$1,197$1,463$1,184
3 bedrooms$1,710$1,539$1,881$1,509
4 bedrooms$2,140$1,926$2,354$1,979

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

Income in ZIP 18436

$77,648average adjusted gross income per tax return (2022)
$47,522average salaries and wages per return
6,800tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.8%
$25,000 to $50,00020.7%
$50,000 to $75,00015.9%
$75,000 to $100,00011.9%
$100,000 to $200,00019.1%
$200,000 or more5.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 18436?

HUD's FY2027 Small Area FMRs for ZIP 18436 (Scranton--Wilkes-Barre, PA MSA) are $970 efficiency, $1,120 one bedroom, $1,330 two bedrooms, $1,710 three and $2,140 four bedrooms.

What payment standard can a housing authority set in ZIP 18436?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,197 to $1,463.

How affordable is rent in ZIP 18436?

Tax returns filed from ZIP 18436 reported an average adjusted gross income of $77,648 (2022). A two-bedroom unit at the Small Area FMR costs $15,960 a year, or 21% of that income.