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Allenwood

Learn about the people, housing, costs and businesses in Allenwood, Pennsylvania

Median Home$189,200
Median Rent$825/month
Population333
Leading IndustriesManufacturing · Finance & Insurance · Public Administration1% manufacturing
Home Value Growth⬆⬆+20.8% over 2 years
Young Adults24% of residents
Homeowners90% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Allenwood
PA

Frequently Asked Questions

What are today's mortgage rates in Allenwood?

As of today, the 30-year fixed mortgage rate for Allenwood is approximately 6.988% (7.027% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Allenwood?

The median home value in Allenwood is $189k. The median monthly rent is $825. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Allenwood?

Home values in Allenwood have increased 20.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Allenwood?

Based on a typical all-in ownership cost of $1,024/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Allenwood is $83k/year.

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What industries drive the economy in Allenwood?

The largest employment sectors in Allenwood are public administration (26%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.