Scranton--Wilkes-Barre, PA · Pennsylvania
Lackawanna County
215,834 residents268 permits TTM$64,691 median HHI24 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$189,900
ACS 5-Year
Cap rate proxy
6.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.0%
HUD FMR ÷ ACS HHI
Net migration
+1.24%
IRS SOI
Permits (TTM)
268
Census BPS
Climate risk
89.9
FEMA NRI (0–100)
ZIP code breakdown24 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 18508 | — | — | — | 10.8% | -8.7% |
| 18407 | — | — | — | 8.1% | 11.4% |
| 18503 | — | — | — | 10.8% | -15.8% |
| 18505 | — | — | — | 8.1% | 3.3% |
| 18510 | — | — | — | 9.3% | -14.7% |
Ranked by composite score
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Demographics
Owner-occupied
65.4%
Census ACS
Vacancy rate
11.7%
Census ACS
Bachelor's degree +
30.1%
Census ACS
Rent burdened
43.4%
Census ACS (>30% income)
Median age
41.9
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