Philadelphia-Camden-Wilmington, PA vs Armstrong County, PA
A 2-bedroom in Armstrong County costs $808 less per month than Philadelphia-Camden-Wilmington ($1,002 vs $1,810). Median income is $89,273 in Philadelphia-Camden-Wilmington and $64,295 in Armstrong County. That's a difference of $9,696 per year in housing costs.
Side-by-Side Comparison
| Metric | Philadelphia-Camden-Wilmington | Armstrong County |
|---|---|---|
| Studio FMR | $1,397 | $691 |
| 1BR FMR | $1,520 | $767 |
| 2BR FMR | $1,810 | $1,002 |
| 3BR FMR | $2,170 | $1,300 |
| 4BR FMR | $2,423 | $1,399 |
| Median Income | $89,273 | $64,295 |
| Rent Burden | 24.3% | 18.7% |
| Actual Median Rent | $1,413 | $802 |
| Median Home Value | $326,700 | $146,300 |
| Population | 6.2M | 65K |
| Renter % | 33% | 21.4% |
| Vacancy Rate | 6.2% | 12.9% |
| Poverty Rate | 11.7% | 11.3% |
| Unemployment | - | 4.6% |
| YoY Change | +4.2% | +7.3% |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Armstrong County, PA is more affordable with a 2BR FMR of $1,002/mo, which is $808 less than Philadelphia-Camden-Wilmington at $1,810/mo. However, when considering local incomes, Philadelphia-Camden-Wilmington has a rent burden of 24.3% vs 18.7% in Armstrong County.
A 2-bedroom in Philadelphia-Camden-Wilmington, PA costs $1,810/mo at Fair Market Rent, while in Armstrong County, PA it's $1,002/mo, a difference of $808/mo or $9,696/year.
To afford a 2BR without spending more than 30% of income on rent: Philadelphia-Camden-Wilmington requires $72,400/year ($35/hr). Armstrong County requires $40,080/year ($19/hr).