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2128 Margaret St PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $123.93
CONSTRUCTION
- Beds : 3
- Floor Size : 1,536 sqft
- Baths : 1 Full
2128 Margaret St SCHOOLS
Financial Details
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WEST NEWTON
Neighborhood : WEST NEWTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 21% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $884 per month.
MY RENT : $884 MEDIAN RENT : $759
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $884 would therefore be considered affordable for annual household incomes greater than $35,360 (12 months x 3.333 x $884).
HOUSEHOLD INCOME RANGE
Approximately 1,524 of households in this neighborhood have a total annual income of $35,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $884 per month.
MINIMUM INCOME RANGE : $35,360
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.
WEST NEWTON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 7.0% |
Educational Services | 8.7% |
Health Care & Social Assistance | 17.7% |
Manufacturing | 12.6% |
Retail & Wholesale Trader | 15.1% |
Transportation | 8.1% |
Other | 30.7% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 28% is 24 or younger and 21% is 65 or older.
Age | % Distribution |
---|---|
<15 | 12.2% |
15-19 | 6.9% |
20-24 | 9.0% |
25-44 | 19.6% |
45-65 | 31.2% |
66+ | 21.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 4.0% |
Healthcare | 10.1% |
Management, Business, & Financial | 19.4% |
Natural Resources Maintenance | 14.2% |
Production & Transportation | 17.4% |
Sales & Office | 21.1% |
Other | 13.8% |
HIGHEST EDUCATION LEVEL
19% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.2% |
High School | 43.7% |
Masters Degree | 5.6% |
Some College | 17.3% |
Some High School | 6.2% |
Other | 16.0% |
2128 Margaret St Comps
2128 Margaret St, West Newton, PA 15089 is a single family home of 1,536 sqft. HomeUnion INVESTimateĀ® for 2128 Margaret St includes a Price Estimate of $190,359 and a Rent Estimate of $884. This single family home has 3 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 5.57% and Total Return of 7.38%. The estimated 1 year forecast in home value for 2128 Margaret St is 3.54%.
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