ZIP 19053 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 19053 in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA FMR area.

$1,390Efficiency
$1,5101 bedroom
$1,8002 bedrooms
$2,1403 bedrooms
$2,3704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,390$1,251$1,529$1,438
1 bedroom$1,510$1,359$1,661$1,558
2 bedrooms$1,800$1,620$1,980$1,860
3 bedrooms$2,140$1,926$2,354$2,216
4 bedrooms$2,370$2,133$2,607$2,445

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

Income in ZIP 19053

$88,239average adjusted gross income per tax return (2022)
$62,155average salaries and wages per return
14,510tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.5%
$25,000 to $50,00019.4%
$50,000 to $75,00015.2%
$75,000 to $100,00011.2%
$100,000 to $200,00021.6%
$200,000 or more8.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 19053?

HUD's FY2027 Small Area FMRs for ZIP 19053 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) are $1,390 efficiency, $1,510 one bedroom, $1,800 two bedrooms, $2,140 three and $2,370 four bedrooms.

What payment standard can a housing authority set in ZIP 19053?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,620 to $1,980.

How affordable is rent in ZIP 19053?

Tax returns filed from ZIP 19053 reported an average adjusted gross income of $88,239 (2022). A two-bedroom unit at the Small Area FMR costs $21,600 a year, or 24% of that income.