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Herndon

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

Median Home$213,700
Median Rent$785/month
Population342
Leading IndustriesConstruction · Retail · Agriculture & Mining9% construction
Home Value Growth⬆⬆+18.7% over 2 years
Retirees24% of residentsslightly above average
Homeowners83% of occupied units
Herndon
PA

Frequently Asked Questions

What are today's mortgage rates in Herndon?

As of today, the 30-year fixed mortgage rate for Herndon is approximately 6.988% (7.027% 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 Herndon?

The median home value in Herndon is $214k. The median monthly rent is $785. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Herndon?

Home values in Herndon have increased 18.7% 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 Herndon?

Based on a typical all-in ownership cost of $838/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Herndon is $76k/year.

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What industries drive the economy in Herndon?

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