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Glen Hope

Learn about the people, housing, costs and businesses in Glen Hope, Pennsylvania

Median Home$120,300
Median Rent$656/month
Population125
Leading IndustriesRetail · Manufacturing · Finance & Insurance19% retail
Home Value Growth⬆⬆⬆+22.4% over 2 years
Retirees22% of residentsnear the national average
Homeowners94% of occupied units
NotableAffordable Market$120k median home · lower cost than 84% of the country
NotableVeteran Community9% of residents · top 22% nationally
Glen Hope
PA

Frequently Asked Questions

What are today's mortgage rates in Glen Hope?

As of today, the 30-year fixed mortgage rate for Glen Hope is approximately 7.339% (7.390% 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 Glen Hope?

The median home value in Glen Hope is $120k. The median monthly rent is $656. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glen Hope?

Home values in Glen Hope have increased 22.4% 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 Glen Hope?

Based on a typical all-in ownership cost of $549/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glen Hope is $53k/year.

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What industries drive the economy in Glen Hope?

The largest employment sectors in Glen Hope are public administration (21%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.