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Hershey

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

Median Home$369,502
Median Rent$1,302/month
Population14,002
Leading IndustriesPublic Administration · Education · Construction34% public administration
Home Value Growth⬆⬆⬆+24.9% over 2 years
Young Adults33% of residentswell above average
Homeowners56% of occupied units
NotableAmenity Score85/100 · highly walkable area
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
Hershey
PA

Frequently Asked Questions

What are today's mortgage rates in Hershey?

As of today, the 30-year fixed mortgage rate for Hershey is approximately 6.883% (6.919% 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 Hershey?

The median home value in Hershey is $370k. The median monthly rent is $1,302. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hershey?

Home values in Hershey have increased 24.9% 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 Hershey?

Based on a typical all-in ownership cost of $1,430/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hershey is $81k/year.

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What industries drive the economy in Hershey?

The largest employment sectors in Hershey are public administration (34%) and agriculture and mining (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.