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Hemlock Farms

Learn about the people, housing, costs and businesses in Hemlock Farms, Pennsylvania

Median Home$325,759
Median Rent$1,527/month
Population3,496
Leading IndustriesProfessional Services · Transportation · Manufacturing7% professional services
Home Value Growth⬆⬆+11.6% over 2 years
Retirees39% of residentstop 2% nationally
Homeowners89% of occupied units
NotableTransit79/100 · excellent transit access
NotableHighly Educated23% bachelor's · 19% graduate · top 23% nationally
Hemlock Farms
PA

Frequently Asked Questions

What are today's mortgage rates in Hemlock Farms?

As of today, the 30-year fixed mortgage rate for Hemlock Farms is approximately 6.977% (7.016% 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 Hemlock Farms?

The median home value in Hemlock Farms is $326k. The median monthly rent is $1,527. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hemlock Farms?

Home values in Hemlock Farms have increased 11.6% 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 Hemlock Farms?

Based on a typical all-in ownership cost of $1,554/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hemlock Farms is $82k/year.

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What industries drive the economy in Hemlock Farms?

The largest employment sectors in Hemlock Farms are public administration (28%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.