16112, Bessemer, PA

Bessemer, PA is located in the 16112 zip code. According to the 2010 census, Bessemer has a population of 9,814. The median household income was $50,912 and the median family income was $60,000. The percentage of families living below the poverty line was 2%.

The average home value in Bessemer is $158,500. Home values have increased by an average of 5% each year since 2006. In 2007 Bessemer had the highest home value increase in Pennsylvania with an increase of 10%. Home prices have continued to rise since then and as of 2016 Bessemer had the fifth highest home value increase in Pennsylvania with an increase of 11%.

The majority (86%) of homes in Bessemer are owner-occupied while 14% are rented. The average length of time a homeowner has been living in their home is 8 years while the average length of time a renter has been living in their home is 3 years.

There are a number of factors that contribute to high home values in Bessemer including: low crime rates; excellent schools; proximity to major cities; and strong economy. Additionally, many homes in Bessemer were built between 1990 and 2000 which are considered to be some of the most valuable homes on the market today.