Allentown-Bethlehem-Easton, PA-NJ · Pennsylvania
Carbon County
65,191 residents168 permits TTM$67,877 median HHI16 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$193,700
ACS 5-Year
Cap rate proxy
6.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.2%
HUD FMR ÷ ACS HHI
Net migration
+1.98%
IRS SOI
Permits (TTM)
168
Census BPS
Climate risk
59.4
FEMA NRI (0–100)
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 18250 | — | — | — | 7.5% | 40.3% |
| 18216 | — | — | — | 7.1% | 40.3% |
| 18232 | — | — | — | 14.3% | 31.1% |
| 18240 | — | — | — | 6.1% | 40.3% |
| 18254 | — | — | — | 6.0% | 40.3% |
Ranked by composite score
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Demographics
Owner-occupied
77.2%
Census ACS
Vacancy rate
21.0%
Census ACS
Bachelor's degree +
18.3%
Census ACS
Rent burdened
37.8%
Census ACS (>30% income)
Median age
46.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026