ZIP 18461 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 18461 in the Wayne County, PA FMR area.

$790Efficiency
$9101 bedroom
$1,0702 bedrooms
$1,3603 bedrooms
$1,7904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$790$711$869$874
1 bedroom$910$819$1,001$1,008
2 bedrooms$1,070$963$1,177$1,184
3 bedrooms$1,360$1,224$1,496$1,509
4 bedrooms$1,790$1,611$1,969$1,979

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

Income in ZIP 18461

$52,493average adjusted gross income per tax return (2022)
$30,393average salaries and wages per return
140tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00035.7%
$25,000 to $50,00028.6%
$50,000 to $75,00021.4%
$75,000 to $100,0000.0%
$100,000 to $200,00014.3%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 14.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 18461?

HUD's FY2027 Small Area FMRs for ZIP 18461 (Wayne County, PA) are $790 efficiency, $910 one bedroom, $1,070 two bedrooms, $1,360 three and $1,790 four bedrooms.

What payment standard can a housing authority set in ZIP 18461?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $963 to $1,177.

How affordable is rent in ZIP 18461?

Tax returns filed from ZIP 18461 reported an average adjusted gross income of $52,493 (2022). A two-bedroom unit at the Small Area FMR costs $12,840 a year, or 24% of that income.