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Hooversville

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

Median Home$104,800
Median Rent$727/month
Population636
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing9% finance & insurance
Home Value Growth+5.4% over 2 years
Retirees22% of residentsnear the national average
Homeowners82% of occupied units
NotableAffordable Market$105k median home · lower cost than 90% of the country
Hooversville
PA

Frequently Asked Questions

What are today's mortgage rates in Hooversville?

As of today, the 30-year fixed mortgage rate for Hooversville is approximately 7.231% (7.279% 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 Hooversville?

The median home value in Hooversville is $105k. The median monthly rent is $727. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hooversville?

Home values in Hooversville have increased 5.4% over the past two years. This represents moderate growth. 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 Hooversville?

Based on a typical all-in ownership cost of $689/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hooversville is $58k/year.

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What industries drive the economy in Hooversville?

The largest employment sectors in Hooversville are public administration (17%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.