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Grindstone

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

Median Home$165,003
Median Rent$894/month
Population482
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade13% information & media
Home Value Growth+10.2% over 2 years
Retirees25% of residentsabove average nationally
Homeowners83% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Grindstone
PA

Frequently Asked Questions

What are today's mortgage rates in Grindstone?

As of today, the 30-year fixed mortgage rate for Grindstone is approximately 6.983% (7.022% 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 Grindstone?

The median home value in Grindstone is $165k. The median monthly rent is $894. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grindstone?

Home values in Grindstone have increased 10.2% 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 Grindstone?

Based on a typical all-in ownership cost of $788/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 Grindstone is $62k/year.

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What industries drive the economy in Grindstone?

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