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Colonial Park

Learn about the people, housing, costs and businesses in Colonial Park, Pennsylvania

Median Home$239,672
Median Rent$1,407/month
Population16,500
Leading IndustriesInformation & Media · Finance & Insurance · Transportation11% information & media
Home Value Growth⬆⬆+15.6% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners51% of occupied units
NotableAmenity Score74/100 · highly walkable area
Colonial Park
PA

Frequently Asked Questions

What are today's mortgage rates in Colonial Park?

As of today, the 30-year fixed mortgage rate for Colonial Park is approximately 6.978% (7.017% 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 Colonial Park?

The median home value in Colonial Park is $240k. The median monthly rent is $1,407. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colonial Park?

Home values in Colonial Park have increased 15.6% 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 Colonial Park?

Based on a typical all-in ownership cost of $1,321/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colonial Park is $76k/year.

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What industries drive the economy in Colonial Park?

The largest employment sectors in Colonial Park are public administration (25%) and information and media (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.