HousingHandbookReference data

U.S. ZIP Code · PA18031

Lehigh County · Allentown-Bethlehem-Easton, PA-NJ

Typical home value

$481,637[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.7%
5-year / yr
+6.4%
10-year / yr
+5.6%

Relative price

vs U.S.
+69.6%
vs metro
+29.7%
vs state
+106.2%
ZIP 18031 location in PA
Location of ZIP 18031 in PA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 18031 is worth $481,637 — 29.7% above the Allentown-Bethlehem-Easton, PA-NJ median. Over the past year, values have risen 2.7%. Homes here rent for a typical $2,121 a month — a 5.3% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,121[2]
Gross yield
5.3%[2]
Cap rate
3.2%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.2%[3]
Typical annual tax
$5,670[3]

#Climate risk

FEMA National Risk Index ratings for Lehigh County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Very High

#Who lives here

Population
11,570[3]
Median household income
$113,625[3]

#Migration

Household moves in and out of Lehigh County over a year, from IRS tax-return data.

Net migration
-388[5]
Moved in
9,732
Moved out
10,120

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
3
Middle
0
High
0
  • Fogelsville Sch

    Elementary · Grades K–5 · Parkland SD

    503 students

  • Veterans Memorial El Sch

    Elementary · Grades K–5 · Parkland SD

    483 students

  • Fred J. Jaindl El Sch

    Elementary · Grades K–5 · Parkland SD

    453 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.3%
Net yield (after ~40% expenses)3.2%
Annual rent$25,454

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,435
Loan principal$385,310
Down payment$96,327
Total interest paid$491,441

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.56
Monthly cost to own$3,310
Monthly rent$2,121

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
48th percentile[1]
Rental yield
13th percentile[2]
Property tax
11th percentile[3]

Frequently asked

How much is a home worth in ZIP code 18031?
The typical home in 18031 is worth $481,637, based on the Zillow Home Value Index.
Are home values rising in 18031?
Home values in 18031 are up 2.7% over the past year, and up 6.4% a year over five years.
What is the typical rent in 18031?
A typical home in 18031 rents for about $2,121 a month, a gross rental yield of 5.3%.
What is the property tax rate in 18031?
The effective property tax rate in 18031 is 1.2% — roughly $5,670 a year on a typical home.
Who lives in 18031?
ZIP code 18031 has a population of 11,570 and a median household income of $113,625.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Great Meadows CDP, NJ

    Typical home
    $477,727
    Gross yield
  • Laurys Station CDP, PA

    Typical home
    $487,222
    Gross yield
  • Hackettstown, NJ

    Typical home
    $491,873
    Gross yield
    6.5%
  • PA

    Typical home
    $497,550
    Gross yield
  • Coopersburg, PA

    Typical home
    $501,108
    Gross yield
    6.1%
  • Marksboro CDP, NJ

    Typical home
    $501,467
    Gross yield

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