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Freedom

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

Median Home$100,900
Median Rent$1,003/month
Population1,488
Leading IndustriesFinance & Insurance · Information & Media · Education10% finance & insurance
Home Value Growth⬆⬆⬆+23.1% over 2 years
Young Adults35% of residentswell above average
Homeowners65% of occupied units
Freedom
PA

Frequently Asked Questions

What are today's mortgage rates in Freedom?

As of today, the 30-year fixed mortgage rate for Freedom is approximately 7.025% (7.066% 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 Freedom?

The median home value in Freedom is $101k. The median monthly rent is $1,003. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Freedom?

Home values in Freedom have increased 23.1% 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 Freedom?

Based on a typical all-in ownership cost of $784/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Freedom is $74k/year.

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What industries drive the economy in Freedom?

The largest employment sectors in Freedom are public administration (19%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.