Lebanon, PA · Pennsylvania

Lebanon County

ZIP 17038

143,592 residents490 permits TTM$76,350 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$227,300

ACS 5-Year

Cap rate proxy

5.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.1%

HUD FMR ÷ ACS HHI

Net migration

+1.39%

IRS SOI

Permits (TTM)

490

Census BPS

Climate risk

79.9

FEMA NRI (0–100)

ZIP 17038

Median home value

Gross yield

Buy Box score

0.6

Section 8 gap

Affordability

P/I: 4.1R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown16 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
170426.1%
170465.8%
170105.7%
170165.7%
170395.7%
170415.7%
170645.7%
170775.7%
170885.7%
17078$334,984$1,6205.8%5.0%13.6%
170674.3%
170384.2%
170733.9%
170263.8%
17028$360,165$1,3904.6%3.6%21.8%
170033.6%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

71.3%

Census ACS

Vacancy rate

6.3%

Census ACS

Bachelor's degree +

24.0%

Census ACS

Rent burdened

44.0%

Census ACS (>30% income)

Median age

41.3

Census ACS

Data sources
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 16, 2026