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Fox Chapel Area

Learn about the people, housing, costs and businesses in Fox Chapel Area, Pennsylvania

Median Home$395,088
Median Rent$1,628/month
Population29,065
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare33% public administration
Home Value Growth+7.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners75% of occupied units
NotableHighly Educated30% bachelor's · 19% graduate · top 5% nationally
NotableHigh Incomes$117k/year · top 6% nationally
Fox Chapel Area
PA

Frequently Asked Questions

What are today's mortgage rates in Fox Chapel Area?

As of today, the 30-year fixed mortgage rate for Fox Chapel Area is approximately 6.872% (6.907% 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 Fox Chapel Area?

The median home value in Fox Chapel Area is $395k. The median monthly rent is $1,628. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fox Chapel Area?

Home values in Fox Chapel Area have increased 7.5% 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 Fox Chapel Area?

Based on a typical all-in ownership cost of $1,588/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fox Chapel Area is $117k/year.

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What industries drive the economy in Fox Chapel Area?

The largest employment sectors in Fox Chapel Area are public administration (33%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.