HousingHandbookReference data

U.S. ZIP Code · PA19406

Montgomery County · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Typical home value

$497,871[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.2%
5-year / yr
+5.1%
10-year / yr
+5.6%

Relative price

vs U.S.
+75.3%
vs metro
+24.4%
vs state
+113.2%
ZIP 19406 location in PA
Location of ZIP 19406 in PA

Price history

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

The typical home in 19406 is worth $497,871 — 24.4% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 3.2%. Homes here rent for a typical $2,102 a month — a 5.1% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$2,102[2]
Gross yield
5.1%[2]
Cap rate
3.0%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$4,554[3]

#Climate risk

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

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
No Rating
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Relatively Moderate
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
30,362[3]
Median household income
$116,847[3]

#Migration

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

Net migration
-354[5]
Moved in
22,400
Moved out
22,754

Schools

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

Public schools
7
Elementary
3
Middle
1
High
1
  • Agora Cyber CS

    Other · Grades K–12 · Agora Cyber CS

    4,432 students

  • Pennsylvania Virtual CS

    Other · Grades K–12 · Pennsylvania Virtual CS

    2,954 students

  • Upper Merion Area HS

    High · Grades 9–12 · Upper Merion Area SD

    1,386 students

  • Upper Merion Area MS

    Middle · Grades 5–8 · Upper Merion Area SD

    1,291 students

  • Caley El Sch

    Elementary · Grades K–4 · Upper Merion Area SD

    433 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 yield5.1%
Net yield (after ~40% expenses)3.0%
Annual rent$25,225

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$2,518
Loan principal$398,297
Down payment$99,574
Total interest paid$508,006

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 ratio1.57
Monthly cost to own$3,310
Monthly rent$2,102

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
27th percentile[1]
Rental yield
33rd percentile[2]
Property tax
21st percentile[3]

Frequently asked

How much is a home worth in ZIP code 19406?
The typical home in 19406 is worth $497,871, based on the Zillow Home Value Index.
Are home values rising in 19406?
Home values in 19406 are up 3.2% over the past year, and up 5.1% a year over five years.
What is the typical rent in 19406?
A typical home in 19406 rents for about $2,102 a month, a gross rental yield of 5.1%.
What is the property tax rate in 19406?
The effective property tax rate in 19406 is 0.9% — roughly $4,554 a year on a typical home.
Who lives in 19406?
ZIP code 19406 has a population of 30,362 and a median household income of $116,847.

#Comparable ZIPs

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

  • Marlton CDP, NJ

    Typical home
    $498,007
    Gross yield
    5.6%
  • Kenilworth CDP, PA

    Typical home
    $498,475
    Gross yield
  • Conshohocken, PA

    Typical home
    $498,644
    Gross yield
    5.9%
  • Gilbertsville CDP, PA

    Typical home
    $498,722
    Gross yield
  • Westmont CDP, NJ

    Typical home
    $496,999
    Gross yield
    5.9%
  • Green Lane, PA

    Typical home
    $499,007
    Gross yield

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

Compare ZIPs

Pit ZIP 19406 against any other ZIP — full side-by-side table.

Compare 19406

#Jump to section