ZIP 18655 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 18655 in the Scranton--Wilkes-Barre, PA MSA FMR area.

Scranton--Wilkes-Barre, PA MSA

$890Efficiency
$1,0401 bedroom
$1,2802 bedrooms
$1,6803 bedrooms
$1,8404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$890$801$979$949
1 bedroom$1,040$936$1,144$1,106
2 bedrooms$1,280$1,152$1,408$1,363
3 bedrooms$1,680$1,512$1,848$1,786
4 bedrooms$1,840$1,656$2,024$1,962

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

Columbia County, PA

$890Efficiency
$1,0401 bedroom
$1,2802 bedrooms
$1,6803 bedrooms
$1,8404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$890$801$979$791
1 bedroom$1,040$936$1,144$926
2 bedrooms$1,280$1,152$1,408$1,136
3 bedrooms$1,680$1,512$1,848$1,370
4 bedrooms$1,840$1,656$2,024$1,559

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

Income in ZIP 18655

$64,624average adjusted gross income per tax return (2022)
$45,885average salaries and wages per return
2,850tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.8%
$25,000 to $50,00022.8%
$50,000 to $75,00016.8%
$75,000 to $100,00011.2%
$100,000 to $200,00017.2%
$200,000 or more3.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 18655?

HUD's FY2027 Small Area FMRs for ZIP 18655 (Scranton--Wilkes-Barre, PA MSA) are $890 efficiency, $1,040 one bedroom, $1,280 two bedrooms, $1,680 three and $1,840 four bedrooms.

What payment standard can a housing authority set in ZIP 18655?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,152 to $1,408.

How affordable is rent in ZIP 18655?

Tax returns filed from ZIP 18655 reported an average adjusted gross income of $64,624 (2022). A two-bedroom unit at the Small Area FMR costs $15,360 a year, or 24% of that income.