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Delano

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

Median Home$163,600
Median Rent$867/month
Population288
Leading IndustriesFinance & Insurance · Information & Media · Public Administration12% finance & insurance
Home Value Growth⬆⬆+13.0% over 2 years
Retirees21% of residentsnear the national average
Homeowners89% of occupied units
Delano
PA

Frequently Asked Questions

What are today's mortgage rates in Delano?

As of today, the 30-year fixed mortgage rate for Delano is approximately 6.988% (7.027% 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 Delano?

The median home value in Delano is $164k. The median monthly rent is $867. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Delano?

Home values in Delano have increased 13.0% 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 Delano?

Based on a typical all-in ownership cost of $935/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Delano is $71k/year.

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What industries drive the economy in Delano?

The largest employment sectors in Delano are public administration (29%) and information and media (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.