17960, New Ringgold, PA

The 17960 zip code of New Ringgold, PA has a median home value of $128,000. This is higher than the Pennsylvania median home value of $106,500. The zip code also has a lower than average unemployment rate of 3.5%. This indicates that there are more jobs in the area than people looking for jobs. Additionally, the percentage of families with children under 18 living in poverty is lower than the Pennsylvania average of 14%. This indicates that there are more families who can afford to live in the area.

One factor that may contribute to this higher home value is the presence of many affluent households in the zip code. In fact, over 40% of households in this zip code have incomes above $150,000 per year. This high income level may make it more difficult for people to purchase homes in this area, as well as increase demand for homes overall.

Another factor that may contribute to the high home values in this zip code is its proximity to major cities such as Philadelphia and Pittsburgh. These larger cities may have a greater demand for housing relative to other areas within Pennsylvania and nationwide. As a result, people who live in these cities may be able to purchase homes at a higher price than people living elsewhere in Pennsylvania or nationally.