HousingHandbookReference data

U.S. ZIP Code · PA18403

Lackawanna County · Scranton--Wilkes-Barre, PA

Typical home value

$252,797[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+9.1%
5-year / yr
+9.6%
10-year / yr
+7.8%

Relative price

vs U.S.
-11.0%
vs metro
+16.0%
vs state
+8.3%
ZIP 18403 location in PA
Location of ZIP 18403 in PA

Price history

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

The typical home in 18403 is worth $252,797 — 16.0% above the Scranton--Wilkes-Barre, PA median. Over the past year, values have risen 9.1%. 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]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$3,497[3]

#Climate risk

FEMA National Risk Index ratings for Lackawanna 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
No Rating
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
6,851[3]
Median household income
$77,521[3]

#Migration

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

Net migration
-76[5]
Moved in
4,044
Moved out
4,120

Schools

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

Public schools
3
Elementary
1
Middle
1
High
1
  • Valley View HS

    High · Grades 9–12 · Valley View SD

    735 students

  • Valley View MS

    Middle · Grades 6–8 · Valley View SD

    549 students

  • Valley View Intrmd Sch

    Elementary · Grades 3–5 · Valley View SD

    539 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,278
Loan principal$202,237
Down payment$50,559
Total interest paid$257,942

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 ratio
Monthly cost to own$1,780
Monthly rent

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
85th percentile[1]
Rental yield
[2]
Property tax
65th percentile[3]

Frequently asked

How much is a home worth in ZIP code 18403?
The typical home in 18403 is worth $252,797, based on the Zillow Home Value Index.
Are home values rising in 18403?
Home values in 18403 are up 9.1% over the past year, and up 9.6% a year over five years.
What is the property tax rate in 18403?
The effective property tax rate in 18403 is 1.4% — roughly $3,497 a year on a typical home.
Who lives in 18403?
ZIP code 18403 has a population of 6,851 and a median household income of $77,521.

#Comparable ZIPs

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

  • Lake Winola CDP, PA

    Typical home
    $254,496
    Gross yield
  • West Hazleton, PA

    Typical home
    $249,849
    Gross yield
  • Moosic, PA

    Typical home
    $248,772
    Gross yield
  • Nescopeck, PA

    Typical home
    $248,771
    Gross yield
  • Nescopeck, PA

    Typical home
    $248,644
    Gross yield
  • PA

    Typical home
    $261,317
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 18403 against any other ZIP — full side-by-side table.

Compare 18403

#Jump to section