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Cornwall

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

Median Home$333,700
Median Rent$3,023/month
Population4,623
Leading IndustriesWholesale Trade · Education · Arts, Food & Hospitality17% wholesale trade
Home Value Growth⬆⬆+21.0% over 2 years
Retirees39% of residentstop 2% nationally
Homeowners77% of occupied units
NotableHigh Incomes$108k/year · top 13% nationally
NotableVeteran Community10% of residents · top 14% nationally
Cornwall
PA

Frequently Asked Questions

What are today's mortgage rates in Cornwall?

As of today, the 30-year fixed mortgage rate for Cornwall is approximately 6.921% (6.958% 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 Cornwall?

The median home value in Cornwall is $334k. The median monthly rent is $3,023. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cornwall?

Home values in Cornwall 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 Cornwall?

Based on a typical all-in ownership cost of $1,446/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cornwall is $108k/year.

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What industries drive the economy in Cornwall?

The largest employment sectors in Cornwall are public administration (27%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.