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Alverda

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

Median Home$153,000
Median Rent$823/month
Population280
Leading IndustriesHealthcare · Manufacturing · Transportation13% healthcare
Home Value Growth⬆⬆+14.4% over 2 years
Young Adults27% of residentsnear the national average
Homeowners85% of occupied units
NotableTransit82/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Alverda
PA

Frequently Asked Questions

What are today's mortgage rates in Alverda?

As of today, the 30-year fixed mortgage rate for Alverda 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 Alverda?

The median home value in Alverda is $153k. The median monthly rent is $823. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alverda?

Home values in Alverda have increased 14.4% 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 Alverda?

Based on a typical all-in ownership cost of $768/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alverda is $68k/year.

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What industries drive the economy in Alverda?

The largest employment sectors in Alverda are public administration (22%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.