HousingHandbookReference data

U.S. ZIP Code · PA18512

Lackawanna County · Scranton--Wilkes-Barre, PA

Typical home value

$213,683[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.9%
5-year / yr
+5.8%
10-year / yr
+5.8%

Relative price

vs U.S.
-24.8%
vs metro
-1.9%
vs state
-8.5%
ZIP 18512 location in PA
Location of ZIP 18512 in PA

Price history

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

The typical home in 18512 is worth $213,683 — 1.9% below the Scranton--Wilkes-Barre, PA median. Over the past year, values have fallen 1.9%. Homes here rent for a typical $1,242 a month — a 7.0% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
$1,242[2]
Gross yield
7.0%[2]
Cap rate
4.2%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$2,684[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
12,986[3]
Median household income
$64,708[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
4
Elementary
2
Middle
0
High
2
  • Mid Valley El Ctr

    Elementary · Grades K–6 · Mid Valley SD

    1,043 students

  • Mid Valley Secondary Center

    High · Grades 7–12 · Mid Valley SD

    882 students

  • Dunmore El Ctr

    Elementary · Grades K–6 · Dunmore SD

    790 students

  • Dunmore JSHS

    High · Grades 7–12 · Dunmore SD

    668 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 yield7.0%
Net yield (after ~40% expenses)4.2%
Annual rent$14,900

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$1,080
Loan principal$170,947
Down payment$42,737
Total interest paid$218,033

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 ratio1.19
Monthly cost to own$1,483
Monthly rent$1,242

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
38th percentile[1]
Rental yield
17th percentile[2]
Property tax
43rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 18512?
The typical home in 18512 is worth $213,683, based on the Zillow Home Value Index.
Are home values rising in 18512?
Home values in 18512 are down 1.9% over the past year, and up 5.8% a year over five years.
What is the typical rent in 18512?
A typical home in 18512 rents for about $1,242 a month, a gross rental yield of 7.0%.
What is the property tax rate in 18512?
The effective property tax rate in 18512 is 1.3% — roughly $2,684 a year on a typical home.
Who lives in 18512?
ZIP code 18512 has a population of 12,986 and a median household income of $64,708.

#Comparable ZIPs

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

  • Old Forge, PA

    Typical home
    $213,006
    Gross yield
  • Swoyersville, PA

    Typical home
    $214,412
    Gross yield
    7.9%
  • Scranton, PA

    Typical home
    $211,333
    Gross yield
    8.0%
  • Pittston, PA

    Typical home
    $207,722
    Gross yield
    6.3%
  • Duryea, PA

    Typical home
    $207,429
    Gross yield
  • Exeter, PA

    Typical home
    $221,264
    Gross yield

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

Compare ZIPs

Pit ZIP 18512 against any other ZIP — full side-by-side table.

Compare 18512

#Jump to section