Housing






Homeownership is an important factor for neighborhood stability and a vital financial asset for families. Home sales have rebounded in Berks County since the national housing crisis. Home prices also stabilized, and overall, homes remain affordable here. Renters, however, spend more of their income on rent here than at the state or national levels, particularly among racial and ethnic minorities.

In 2012-16, homeowners occupied 72% of the homes in Berks County, a higher percentage than at the state or national level. Homeownership declined 2% since 2000, similar to Pennsylvania and the U.S.

Home affordability can be measured by dividing the median home value by the median household income. A ratio below 2 or 3 is usually affordable. Berks County’s ratio in 2012-16 was 3.0, similar to the state and below the nation. While this suggests that homes in Berks County are generally affordable, affordability at the county level has declined since 2000, when the ratio was 2.3.

Housing also is generally more affordable for all racial and ethnic groups in Berks County than at the state and national levels. The ratios were lower for Asian Americans (2.3) than for Hispanics, whites (both 2.6) and African Americans (2.8). 

However, renters in Berks County may face difficulties paying for housing. The federal Department of Housing and Urban Development’s guideline for affordability says that rent should consume no more than 30% of a household’s income. In 2012-16, renters in Berks spent 35% of their income on rent, slightly more than the state and nation.

Racial and ethnic minorities in Berks County may have particular difficulty. In 2012-16, Hispanics paid 46% of their income on rent, compared to 45% among African American renters, 41% among Asian Americans and 29% among white residents. These disparities were more pronounced here than at the state or national levels.

The age of housing stock can indicate the condition and quality of homes in a community, as well as the potential cost of repairs and maintenance. In Berks County, 28% of homes were built before 1940. This proportion is similar to Pennsylvania, but higher than the national level. In the U.S., about half of homes were built since 1970, compared to 46% in Berks County.

Single-family home sales can indicate demand for housing, and by extension, the health of a community’s economy. In Berks County, home sales steadily increased until 2005 and then dropped every year until 2011. Sales have since recovered and were 3% above 2000 levels as of 2016.

Home prices typically reflect demand for housing, and by extension, the health of the local economy and real estate market. In 2016, the median price of a single-family home in Berks County was about $153,100, an 8% increase over the median in 2000. During this period, the median home price increased steadily and peaked in 2007. Prices then dropped until 2011 and remained flat until increasing in 2016.

The percentage of vacant housing units indicates whether an area has many vacancies, which may be a sign of blight or decline. In 2012-16, 8% of residential housing units in Berks were vacant. This percentage was less than Pennsylvania and the nation. Berks County’s vacancy rate increased 2 percentage points from 2000, similar to increases at the state and national levels.

 





INDICATORS TREND | BERKS COUNTY
Early Prenatal Care Increasing
Early Prenatal Care by Mother's Race/Ethnicity Not Applicable
Children Living in Poverty Increasing
Children Living in Poverty, by Race/Ethnicity Not Applicable
Single-Parent Families Increasing
Single-Parent Families, by Race/Ethnicity Not Applicable
Disengaged Youth Maintaining
Live Births to Teen Mothers Decreasing
Change in Population by Age and Gender Not Applicable
Change in Total Population by Race/Ethnicity Not Applicable
Population by Age and Race/Ethnicity Not Applicable
Foreign-Born Population Increasing
Language Diversity Increasing
Unemployment Rate Increasing
Change in Labor Force Increasing
Employment to Population Ratio Decreasing
Change in Jobs by Sector Not Applicable
Sector Share of Total Jobs Not Applicable
Average Salary by Sector Not Applicable
Change in Average Salary by Sector Not Applicable
People Entering/Leaving Region for Work Not Applicable
Public Assistance Increasing
Local Government Spending Increasing
County Government Spending Decreasing
School District Spending Increasing
Quality Early Childhood Centers Increasing
Prekindergarten Participation Increasing
Students Eligible for Free/Reduced Price Lunch Increasing
English Language Learners Increasing
Students Receiving Special Education Services Increasing
Per Student Spending Increasing
Student Performance on Grade 3 English Not Applicable
Student Performance on Grade 3 Math Not Applicable
Student Performance on Grade 8 English Not Applicable
Student Performance on Grade 8 Math Not Applicable
Student Performance on High School Reading Increasing
Student Performance on High School Math Increasing
High School Cohort Graduation Rate Increasing
Plans of High School Graduates Not Applicable
Education Levels of Adults by Race/Ethnicity Not Applicable
Brain Drain/Gain Increasing
Median Household Income Decreasing
Median Household Income by Household Type Not Applicable
Living Wage by Household Type Not Applicable
People Living in Poverty Increasing
Working Poor Maintaining
People Receiving Federal Food Assistance Increasing
Health Status Decreasing
Managed Medicaid Enrollment Increasing
People Without Health Insurance Decreasing
Physically Inactive Adults Maintaining
Adults Who Are Overweight or Obese Not Applicable
Children Who Are Overweight or Obese Not Applicable
Youth Who Are Overweight or Obese Not Applicable
Vacant Housing Units Not Applicable
Homeownership Rates Decreasing
Housing Affordability for Homeowners Decreasing
Housing Affordability for Homeowners by Race/Ethnicity Not Applicable
Housing Affordability for Renters Increasing
Housing Affordability for Renters by Race/Ethnicity Not Applicable
Age of Housing Stock Not Applicable
Single-Family Home Sales Maintaining
Median Single-Family Home Sale Price Increasing
Tourism Spending Decreasing
Voter Registration Rate Increasing
Voter Participation Rate Increasing
Average Charitable Giving Increasing
Charitable Contributions as a Percentage of Income Increasing
Households With Internet Access Increasing
Dams Not Applicable
Violent Crimes Decreasing
Property Crimes Decreasing
Incarceration Rates Decreasing
Drug Abuse Offenses Increasing
Drug Abuse Arrests Increasing
Protection from Domestic Abuse Maintaining
Means of Transportation to Work Not Applicable
Average Travel Time to Work Increasing
Households Without Vehicles Decreasing
Crashes Involving Alcohol Decreasing