How much is a home worth in ZIP code 18062?

The typical home in 18062 is worth $446,320, based on the Zillow Home Value Index.

Are home values rising in 18062?

Home values in 18062 are up 2.6% over the past year, and up 6.2% a year over five years.

What is the typical rent in 18062?

A typical home in 18062 rents for about $2,159 a month, a gross rental yield of 5.8%.

What is the property tax rate in 18062?

The effective property tax rate in 18062 is 1.4% — roughly $6,254 a year on a typical home.

ZIP code 18062 has a population of 27,110 and a median household income of $110,675.

HousingHandbookReference data

…

U.S. ZIP Code · PA18062

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

Typical home value

$446,320^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.6%
5-year / yr: +6.2%
10-year / yr: +5.7%

Relative price

vs U.S.: +57.1%
vs metro: +20.2%
vs state: +91.1%

Price history

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

The typical home in 18062 is worth $446,320 — 20.2% above the Allentown-Bethlehem-Easton, PA-NJ median. Over the past year, values have risen 2.6%. Homes here rent for a typical $2,159 a month — a 5.8% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent: $2,159^[2]
Gross yield: 5.8%^[2]
Cap rate: 3.5%^[2]

#Property tax

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

Effective tax rate: 1.4%^[3]
Typical annual tax: $6,254^[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: 27,110^[3]
Median household income: $110,675^[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: 5
Elementary: 3
Middle: 2
High: 0

Lower Macungie MS
Middle · Grades 6–8 · East Penn SD
1,076 students
Eyer MS
Middle · Grades 6–8 · East Penn SD
830 students
Willow Lane El Sch
Elementary · Grades K–5 · East Penn SD
607 students
Shoemaker El Sch
Elementary · Grades K–5 · East Penn SD
541 students
Macungie El Sch
Elementary · Grades K–5 · East Penn SD
516 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.

Home value$Monthly rent$

Gross yield5.8%

Net yield (after ~40% expenses)3.5%

Annual rent$25,912

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,257

Loan principal$357,056

Down payment$89,264

Total interest paid$455,406

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.46

Monthly cost to own$3,149

Monthly rent$2,159

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: 36th percentile^[1]
Rental yield: 33rd percentile^[2]
Property tax: 38th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 18062?: The typical home in 18062 is worth $446,320, based on the Zillow Home Value Index.
Are home values rising in 18062?: Home values in 18062 are up 2.6% over the past year, and up 6.2% a year over five years.
What is the typical rent in 18062?: A typical home in 18062 rents for about $2,159 a month, a gross rental yield of 5.8%.
What is the property tax rate in 18062?: The effective property tax rate in 18062 is 1.4% — roughly $6,254 a year on a typical home.
Who lives in 18062?: ZIP code 18062 has a population of 27,110 and a median household income of $110,675.

#Comparable ZIPs

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

18106 vs 18062 →
Wescosville CDP, PA
Typical home
$445,649
Gross yield
—
18066 vs 18062 →
New Tripoli CDP, PA
Typical home
$450,572
Gross yield
—
18064
Eastlawn Gardens CDP, PA
Typical home
$451,446
Gross yield
4.3%
18035
Cherryville CDP, PA
Typical home
$456,540
Gross yield
—
18040
Chestnut Hill CDP, PA
Typical home
$458,263
Gross yield
—
07832
Hainesburg CDP, NJ
Typical home
$461,269
Gross yield
—

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#Jump to section

U.S. ZIP Code · PA18062

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