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Dormont

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

Median Home$220,350
Median Rent$1,085/month
Population8,063
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services12% arts, food & hospitality
Home Value Growth+8.4% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners61% of occupied units
NotableAmenity Score81/100 · highly walkable area
NotableHighly Educated34% hold a bachelor's degree · top 4% nationally
Dormont
PA

Frequently Asked Questions

What are today's mortgage rates in Dormont?

As of today, the 30-year fixed mortgage rate for Dormont is approximately 6.989% (7.028% 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 Dormont?

The median home value in Dormont is $220k. The median monthly rent is $1,085. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dormont?

Home values in Dormont have increased 8.4% over the past two years. This represents moderate growth. 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 Dormont?

Based on a typical all-in ownership cost of $1,180/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dormont is $83k/year.

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What industries drive the economy in Dormont?

The largest employment sectors in Dormont are public administration (23%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.