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Bellwood

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

Median Home$145,700
Median Rent$989/month
Population1,691
Leading IndustriesFinance & Insurance · Information & Media · Professional Services10% finance & insurance
Home Value Growth-8.4% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners78% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Bellwood
PA

Frequently Asked Questions

What are today's mortgage rates in Bellwood?

As of today, the 30-year fixed mortgage rate for Bellwood is approximately 7.049% (7.093% 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 Bellwood?

The median home value in Bellwood is $146k. The median monthly rent is $989. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bellwood?

Home values in Bellwood have decreased 8.4% over the past two years. Buyers may find more negotiating room in this market. 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 Bellwood?

Based on a typical all-in ownership cost of $955/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bellwood is $52k/year.

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What industries drive the economy in Bellwood?

The largest employment sectors in Bellwood are public administration (23%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.