How much is a home worth in ZIP code 18504?

The typical home in 18504 is worth $188,385, based on the Zillow Home Value Index.

Are home values rising in 18504?

Home values in 18504 are up 1.8% over the past year, and up 9.1% a year over five years.

What is the typical rent in 18504?

A typical home in 18504 rents for about $1,284 a month, a gross rental yield of 8.2%.

What is the property tax rate in 18504?

The effective property tax rate in 18504 is 1.9% — roughly $3,530 a year on a typical home.

ZIP code 18504 has a population of 21,069 and a median household income of $55,036.

HousingHandbookReference data

…

U.S. ZIP Code · PA18504

Lackawanna County · Scranton--Wilkes-Barre, PA

Typical home value

$188,385^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.8%
5-year / yr: +9.1%
10-year / yr: +6.9%

Relative price

vs U.S.: -33.7%
vs metro: -13.5%
vs state: -19.3%

Price history

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

The typical home in 18504 is worth $188,385 — 13.5% below the Scranton--Wilkes-Barre, PA median. Over the past year, values have risen 1.8%. Homes here rent for a typical $1,284 a month — a 8.2% gross rental yield. The effective property tax rate is 1.9%.

#Rent & investment

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

Monthly rent: $1,284^[2]
Gross yield: 8.2%^[2]
Cap rate: 4.9%^[2]

#Property tax

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

Effective tax rate: 1.9%^[3]
Typical annual tax: $3,530^[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: 21,069^[3]
Median household income: $55,036^[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: 5
Elementary: 3
Middle: 1
High: 1

West Scranton HS
High · Grades 9–12 · Scranton SD
1,404 students
West Scranton Intrmd Sch
Middle · Grades 5–8 · Scranton SD
840 students
Isaac Tripp El Sch
Elementary · Grades K–4 · Scranton SD
672 students
Frances Willard #32
Elementary · Grades PK–4 · Scranton SD
352 students
Charles Sumner #18
Elementary · Grades PK–4 · Scranton SD
247 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 yield8.2%

Net yield (after ~40% expenses)4.9%

Annual rent$15,407

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$953

Loan principal$150,708

Down payment$37,677

Total interest paid$192,220

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 ratio1.09

Monthly cost to own$1,403

Monthly rent$1,284

Owning and renting are roughly even.

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: 80th percentile^[1]
Rental yield: 67th percentile^[2]
Property tax: 94th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 18504?: The typical home in 18504 is worth $188,385, based on the Zillow Home Value Index.
Are home values rising in 18504?: Home values in 18504 are up 1.8% over the past year, and up 9.1% a year over five years.
What is the typical rent in 18504?: A typical home in 18504 rents for about $1,284 a month, a gross rental yield of 8.2%.
What is the property tax rate in 18504?: The effective property tax rate in 18504 is 1.9% — roughly $3,530 a year on a typical home.
Who lives in 18504?: ZIP code 18504 has a population of 21,069 and a median household income of $55,036.

#Comparable ZIPs

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

18705 vs 18504 →
Wilkes-Barre, PA
Typical home
$188,371
Gross yield
—
18701 vs 18504 →
Wilkes-Barre, PA
Typical home
$187,013
Gross yield
7.7%
18641
Dupont, PA
Typical home
$190,881
Gross yield
—
18505
Scranton, PA
Typical home
$185,301
Gross yield
7.9%
18519
Dickson City, PA
Typical home
$194,703
Gross yield
—
18636
Noxen CDP, PA
Typical home
$195,194
Gross yield
—

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#Jump to section

U.S. ZIP Code · PA18504

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