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Avella

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

Median Home$214,400
Median Rent$1,042/month
Population788
Leading IndustriesWholesale Trade · Manufacturing · Information & Media13% wholesale trade
Home Value Growth⬆⬆⬆+29.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners86% of occupied units
Avella
PA

Frequently Asked Questions

What are today's mortgage rates in Avella?

As of today, the 30-year fixed mortgage rate for Avella is approximately 6.996% (7.036% 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 Avella?

The median home value in Avella is $214k. The median monthly rent is $1,042. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Avella?

Home values in Avella have increased 29.3% 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 Avella?

Based on a typical all-in ownership cost of $915/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Avella is $76k/year.

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What industries drive the economy in Avella?

The largest employment sectors in Avella are public administration (17%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.