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Bellefonte

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

Median Home$238,000
Median Rent$924/month
Population6,009
Leading IndustryPublic Administration35% of local workforce
Home Value Growth⬆⬆+16.0% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners51% of occupied units
NotableAmenity Score87/100 · highly walkable area
NotableTransit85/100 · excellent transit access
Bellefonte
PA

Frequently Asked Questions

What are today's mortgage rates in Bellefonte?

As of today, the 30-year fixed mortgage rate for Bellefonte is approximately 6.950% (6.991% 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 Bellefonte?

The median home value in Bellefonte is $238k. The median monthly rent is $924. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bellefonte?

Home values in Bellefonte have increased 16.0% 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 Bellefonte?

Based on a typical all-in ownership cost of $1,100/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bellefonte is $62k/year.

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What industries drive the economy in Bellefonte?

The largest employment sectors in Bellefonte are public administration (35%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.