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468 Gresock Rd PROPERTY INFO
FACTS
- Built In 1979
- Price/Sqft : $178.38
CONSTRUCTION
- Beds : 0
- Floor Size : 1,152 sqft
- Baths : 0 Full
468 Gresock Rd SCHOOLS
Financial Details
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PUNXSUTAWNEY
Neighborhood : PUNXSUTAWNEY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $793 per month.
MY RENT : $793 MEDIAN RENT : $804
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 $793 would therefore be considered affordable for annual household incomes greater than $31,720 (12 months x 3.333 x $793).
HOUSEHOLD INCOME RANGE
Approximately 14,838 of households in this neighborhood have a total annual income of $31,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $793 per month.
MINIMUM INCOME RANGE : $31,720
COMMUTE TIME DISTRIBUTION
39% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.
PUNXSUTAWNEY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 8.9% |
Construction | 7.7% |
Educational Services | 7.6% |
Health Care & Social Assistance | 17.4% |
Manufacturing | 14.0% |
Retail & Wholesale Trader | 14.1% |
Other | 30.3% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 30% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.4% |
15-19 | 6.1% |
20-24 | 5.7% |
25-44 | 22.2% |
45-65 | 28.4% |
66+ | 19.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 4.7% |
Healthcare | 9.6% |
Management, Business, & Financial | 10.8% |
Natural Resources Maintenance | 17.4% |
Production & Transportation | 25.0% |
Sales & Office | 19.8% |
Other | 12.8% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.2% |
High School | 47.9% |
Masters Degree | 3.7% |
Some College | 13.1% |
Some High School | 13.5% |
Other | 12.6% |
468 Gresock Rd Comps
468 Gresock Rd, Punxsutawney, PA 15767 is a single family home of 1,152 sqft. HomeUnion INVESTimateĀ® for 468 Gresock Rd includes a Price Estimate of $205,497 and a Rent Estimate of $793. This single family home has 0 bedrooms,0 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 4.63% and Total Return of 5.64%. The estimated 1 year forecast in home value for 468 Gresock Rd is 2.71%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , JEFFERSON County , or the 15767 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2