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Herminie

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

Median Home$193,800
Median Rent$1,093/month
Population732
Leading IndustriesFinance & Insurance · Wholesale Trade · Information & Media9% finance & insurance
Home Value Growth⬆⬆⬆+54.7% over 2 years
Family-Friendly21% of residents
Homeowners82% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Herminie
PA

Frequently Asked Questions

What are today's mortgage rates in Herminie?

As of today, the 30-year fixed mortgage rate for Herminie is approximately 7.003% (7.043% 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 Herminie?

The median home value in Herminie is $194k. The median monthly rent is $1,093. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Herminie?

Home values in Herminie have increased 54.7% 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 Herminie?

Based on a typical all-in ownership cost of $1,016/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Herminie is $74k/year.

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What industries drive the economy in Herminie?

The largest employment sectors in Herminie are public administration (15%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.