ZIP 19006 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 19006 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.

$1,520Efficiency
$1,6501 bedroom
$1,9702 bedrooms
$2,3503 bedrooms
$2,5904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,520$1,368$1,672$1,438
1 bedroom$1,650$1,485$1,815$1,558
2 bedrooms$1,970$1,773$2,167$1,860
3 bedrooms$2,350$2,115$2,585$2,216
4 bedrooms$2,590$2,331$2,849$2,445

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

Income in ZIP 19006

$167,259average adjusted gross income per tax return (2022)
$85,155average salaries and wages per return
11,530tax returns filed
14%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.8%
$25,000 to $50,00013.5%
$50,000 to $75,00011.6%
$75,000 to $100,0009.5%
$100,000 to $200,00022.2%
$200,000 or more19.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 6.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 19006?

HUD's FY2027 Small Area FMRs for ZIP 19006 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,520 efficiency, $1,650 one bedroom, $1,970 two bedrooms, $2,350 three and $2,590 four bedrooms.

What payment standard can a housing authority set in ZIP 19006?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,773 to $2,167.

How affordable is rent in ZIP 19006?

Tax returns filed from ZIP 19006 reported an average adjusted gross income of $167,259 (2022). A two-bedroom unit at the Small Area FMR costs $23,640 a year, or 14% of that income.