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Bangor

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

Median Home$183,817
Median Rent$1,145/month
Population4,812
Leading IndustriesInformation & Media · Finance & Insurance · Retail11% information & media
Home Value Growth⬆⬆+15.8% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners72% of occupied units
NotableAmenity Score67/100 · highly walkable area
Bangor
PA

Frequently Asked Questions

What are today's mortgage rates in Bangor?

As of today, the 30-year fixed mortgage rate for Bangor is approximately 6.966% (7.008% 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 Bangor?

The median home value in Bangor is $184k. The median monthly rent is $1,145. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bangor?

Home values in Bangor have increased 15.8% 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 Bangor?

Based on a typical all-in ownership cost of $1,149/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bangor is $71k/year.

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What industries drive the economy in Bangor?

The largest employment sectors in Bangor are public administration (23%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.