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Avonmore

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

Median Home$119,800
Median Rent$786/month
Population949
Leading IndustriesRetail · Manufacturing · Wholesale Trade23% retail
Home Value Growth⬆⬆⬆+23.3% over 2 years
Retirees28% of residentswell above average
Homeowners81% of occupied units
NotableAffordable Market$120k median home · lower cost than 85% of the country
Avonmore
PA

Frequently Asked Questions

What are today's mortgage rates in Avonmore?

As of today, the 30-year fixed mortgage rate for Avonmore is approximately 6.955% (6.996% 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 Avonmore?

The median home value in Avonmore is $120k. The median monthly rent is $786. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Avonmore?

Home values in Avonmore have increased 23.3% 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 Avonmore?

Based on a typical all-in ownership cost of $727/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Avonmore is $61k/year.

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What industries drive the economy in Avonmore?

The largest employment sectors in Avonmore are retail (23%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.