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Crafton

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

Median Home$200,900
Median Rent$1,048/month
Population5,961
Leading IndustriesProfessional Services · Transportation · Arts, Food & Hospitality4% professional services
Home Value Growth-0.6% over 2 years
Young Adults29% of residentsslightly above average
Homeowners56% of occupied units
NotableAmenity Score69/100 · highly walkable area
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Crafton
PA

Frequently Asked Questions

What are today's mortgage rates in Crafton?

As of today, the 30-year fixed mortgage rate for Crafton is approximately 7.027% (7.068% 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 Crafton?

The median home value in Crafton is $201k. The median monthly rent is $1,048. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crafton?

Home values in Crafton have decreased 0.6% 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 Crafton?

Based on a typical all-in ownership cost of $1,094/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crafton is $63k/year.

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What industries drive the economy in Crafton?

The largest employment sectors in Crafton are public administration (22%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.