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869 Wampum New Galilee Rd PROPERTY INFO
FACTS
- Built In 2015
- Price/Sqft : $87.44
CONSTRUCTION
- Beds : 2
- Floor Size : 1,780 sqft
- Baths : 2 Full
869 Wampum New Galilee Rd SCHOOLS
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Financial Details
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NEW GALILEE
Neighborhood : NEW GALILEE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,414 per month.
MY RENT : $1,414 MEDIAN RENT : $1,056
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 $1,414 would therefore be considered affordable for annual household incomes greater than $56,560 (12 months x 3.333 x $1,414).
HOUSEHOLD INCOME RANGE
Approximately 304 of households in this neighborhood have a total annual income of $56,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,414 per month.
MINIMUM INCOME RANGE : $56,560
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
NEW GALILEE Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.8% |
| Construction | 8.9% |
| Health Care & Social Assistance | 16.7% |
| Manufacturing | 14.3% |
| Retail & Wholesale Trader | 10.8% |
| Transportation | 7.8% |
| Other | 31.7% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 27% is 24 or younger and 21% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.1% |
| 15-19 | 4.8% |
| 20-24 | 7.3% |
| 25-44 | 18.9% |
| 45-65 | 33.1% |
| 66+ | 20.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 4.6% |
| Healthcare | 10.9% |
| Management, Business, & Financial | 15.5% |
| Natural Resources Maintenance | 17.1% |
| Production & Transportation | 17.7% |
| Sales & Office | 17.9% |
| Other | 16.4% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.5% |
| High School | 47.6% |
| Masters Degree | 5.1% |
| Some College | 15.0% |
| Some High School | 10.9% |
| Other | 12.9% |
869 Wampum New Galilee Rd Comps
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869 Wampum New Galilee Rd, New Galilee, PA 16141 is a single family home of 1,780 sqft. HomeUnion INVESTimateĀ® for 869 Wampum New Galilee Rd includes a Price Estimate of $155,638 and a Rent Estimate of $1,414. This single family home has 2 bedrooms,2 bathrooms, and was built in 2015. This property has an estimated 15 year annualized Yield of 10.90% and Total Return of 20.06%. The estimated 1 year forecast in home value for 869 Wampum New Galilee Rd is 3.54%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , LAWRENCE County , or the 16141 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
