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Cheyney University

Learn about the people, housing, costs and businesses in Cheyney University, Pennsylvania

Median Home$763,703
Median Rent$2,358/month
Population640
Leading IndustriesProfessional Services · Transportation · Arts, Food & Hospitality5% professional services
Home Value Growth⬆⬆+18.4% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners88% of occupied units
NotableTransit97/100 · excellent transit access
NotableHigh Incomes$189k/year · top 1% nationally
Cheyney University
PA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Cheyney University?

As of today, the 30-year fixed mortgage rate for Cheyney University is approximately 6.818% (6.851% 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 Cheyney University?

The median home value in Cheyney University is $764k. The median monthly rent is $2,358. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cheyney University?

Home values in Cheyney University have increased 18.4% 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 Cheyney University?

Based on a typical all-in ownership cost of $2,593/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $111k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cheyney University is $189k/year.

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What industries drive the economy in Cheyney University?

The largest employment sectors in Cheyney University are public administration (29%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.