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Carroll Valley

Learn about the people, housing, costs and businesses in Carroll Valley, Pennsylvania

Median Home$324,700
Median Rent$1,115/month
Population3,921
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services9% arts, food & hospitality
Home Value Growth⬆⬆+21.0% over 2 years
Young Adults27% of residentsnear the national average
Homeowners89% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$96k/year · top 20% nationally
Carroll Valley
PA

Frequently Asked Questions

What are today's mortgage rates in Carroll Valley?

As of today, the 30-year fixed mortgage rate for Carroll Valley is approximately 6.943% (6.981% 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 Carroll Valley?

The median home value in Carroll Valley is $325k. The median monthly rent is $1,115. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carroll Valley?

Home values in Carroll Valley have increased 21.0% 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 Carroll Valley?

Based on a typical all-in ownership cost of $1,587/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carroll Valley is $96k/year.

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What industries drive the economy in Carroll Valley?

The largest employment sectors in Carroll Valley are public administration (22%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.