15317, Canonsburg, PA

Canonsburg, PA is located in the Pittsburgh metropolitan area and has a population of around 25,000. The 15317 zip code has a median home value of $191,100 and a median household income of $75,000. The unemployment rate in Canonsburg is 3.5% and the poverty rate is 2%.

The average home price in the 15317 zip code has increased by 9.2% over the past year while the average household income has only increased by 2%. This indicates that there is an imbalance between home prices and incomes in this zip code. There are several factors that could be contributing to this imbalance including: low demand for homes due to high unemployment rates, limited inventory availability, and increasing costs of living.

It is important to keep in mind that these figures are only representative of the 15317 zip code; they do not represent all areas of Pittsburgh or Pennsylvania as a whole. Additionally, it is important to remember that home equity and home prices are not static entities; they can fluctuate over time based on many factors including interest rates, market conditions, and changes in local demographics.