Scranton, PA — Demographics & Statistics
ZIP code 18503 serves a portion of Scranton, Pennsylvania, within Lackawanna County. This community is home to approximately 41,466 residents, with a median age of 38.3 years. The median household income of $56,072 sits below the national median of $67,521, while median home values of $325,217 are above the national average of $301,500. The area has a renter-majority housing profile, with 22% owner-occupied and 78% renter-occupied units. Cost of living in this part of Scranton is lower than the national baseline, with an index of 98 (100 = national average). With a college-education rate of 25% and an unemployment rate of 2.5%, 18503 reflects the economic character of Lackawanna County in Pennsylvania.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 41,466 | — |
| Population | Density (per sq mi) | 1,818 | — |
| Economics | Median Household Income | $56,072 | ↓ 17% vs nat'l avg |
| Economics | Median Home Value | $325,217 | ↑ 8% vs nat'l avg |
| Economics | Cost of Living Index | 98 | ↓ Lower than avg |
| Economics | Unemployment Rate | 2.5% | ↓ 36% vs nat'l avg |
| Economics | Below Poverty Line | 11.4% | ↓ 0% vs nat'l avg |
| Education | College Educated (25+) | 25% | ↓ 29% vs nat'l avg |
| Demographics | Median Age | 38.3 yrs | ↓ 0% vs nat'l avg |
| Housing | Owner-Occupied | 22% | — |
| Housing | Renter-Occupied | 78% | — |
| Housing | Total Housing Units | 18,245 | — |