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FY2017 Hypothetical Small Area FMRs For Mercer County, PA

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Mercer County is part of the Youngstown-Warren-Boardman, OH-PA MSA.

Mercer County, PA Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
16038 $490 $550 $690 $900 $1,000 1.014
16057 $520 $600 $750 $940 $1,030 0.912
16110 $490 $550 $690 $900 $1,000 1.014
16113 $490 $550 $690 $900 $1,000 1.014
16114 $490 $550 $690 $900 $1,000 1.014
16121 $520 $590 $740 $960 $1,080 1.086
16124 $480 $540 $680 $890 $990 0.825
16125 $480 $540 $680 $890 $990 0.967
16127 $480 $540 $680 $890 $990 0.985
16130 $480 $540 $680 $890 $990 0.945
16133 $540 $610 $770 $1,000 $1,120 1.124
16134 $510 $580 $730 $950 $1,060 1.077
16137 $480 $540 $680 $890 $990 0.971
16142 $490 $550 $690 $900 $1,000 1.013
16143 $480 $540 $680 $890 $990 0.993
16145 $480 $540 $680 $890 $990 0.817
16146 $480 $540 $680 $890 $990 0.991
16148 $550 $620 $780 $1,020 $1,140 1.141
16150 $550 $620 $780 $1,020 $1,140 1.138
16151 $490 $550 $690 $900 $1,000 1.014
16153 $480 $540 $680 $890 $990 0.911
16154 $510 $570 $720 $940 $1,050 1.057
16156 $490 $550 $690 $900 $1,000 1.010
16159 $480 $540 $680 $890 $990 0.926
16161 $510 $570 $720 $940 $1,050 1.064
16311 $530 $600 $750 $980 $1,090 1.095
16314 $480 $540 $680 $890 $990 0.922
16342 $500 $570 $710 $930 $1,030 1.043
16362 $490 $560 $700 $910 $1,020 1.022

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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