Falls Creek: Housing & Real Estate
The median Falls Creek home is valued at $107,200 (estimated market value runs 6% higher at $113,304), with median rent $938 (1.3× higher than Jefferson County median $750; 1.3× below Pennsylvania median $1,209). Homeownership rate: 62.8%. That's 1.3× below the Jefferson County median ($139,700); 2.4× below the Pennsylvania median ($254,500). Market is cool. Vacancy rate 10.5%. New construction makes up 1.3% of stock. A municipal building code is in effect.
- 2.1× annual income — home value vs. household income (vs Pennsylvania 3.7×).
- 9.5 years to break even renting at the median (vs Pennsylvania 15y).
- 4-BR rent is 1.8× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $107,200 — 0.5× the Pennsylvania median ($227,900). Median rent $938/month. homeownership rate 62.8% — below the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 2.1× |
|---|---|
| Affordability · Rent To Income Pct | 22.3% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | very affordable |
| Fair Market Rent · Studio rent | $721 (vs Pennsylvania $1,086) |
| Fair Market Rent · One-bedroom rent | $779 (vs Pennsylvania $1,212) |
| Fair Market Rent · Two-bedroom rent | $975 (vs Pennsylvania $1,526) |
| Fair Market Rent · Three-bedroom rent | $1,289 (vs Pennsylvania $1,937) |
| Fair Market Rent · Four-bedroom rent | $1,293 (vs Pennsylvania $2,020) |
| Fair Market Rent · HUD FMR area | Clearfield County, PA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $113,304 |
| Median Home Value | $107,200 (vs Pennsylvania $227,900) |
| Median Rent | $938 (vs Pennsylvania $1,261) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | cool |
|---|---|
| Housing Market · Vacancy rate | 10.5% |
| Housing Market · New construction (% of stock) | 1.3% |
| Housing Market · Price Appreciation 2Yr | 2.4% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (1)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Pennsylvania median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Pennsylvania median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Pennsylvania median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 0.0% (vs Pennsylvania 0.8%) |
| Broadband · Broadband-capable premises | 511 |
| Electricity · Electricity rate (¢/kWh) | 17.77¢/kWh |
| Electricity · Customers | 5534580 |
| Electricity · Revenue Millions | $9,642 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Pennsylvania median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at Pennsylvania median) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 1 |
|---|---|
| Ev Charging · Public Stations | 1 |
| Ev Charging · Dc Fast Ports | 8 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 62.8% (vs Pennsylvania 54.1%) |
|---|---|
| Median Year Built | 1952 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12