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Hop Bottom

Learn about the people, housing, costs and businesses in Hop Bottom, Pennsylvania

Median Home$215,300
Median Rent$936/month
Population300
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education13% healthcare
Home Value Growth+5.9% over 2 years
Young Adults44% of residentstop 2% nationally
Homeowners81% of occupied units
Hop Bottom
PA

Frequently Asked Questions

What are today's mortgage rates in Hop Bottom?

As of today, the 30-year fixed mortgage rate for Hop Bottom is approximately 6.905% (6.941% 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 Hop Bottom?

The median home value in Hop Bottom is $215k. The median monthly rent is $936. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hop Bottom?

Home values in Hop Bottom have increased 5.9% 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 Hop Bottom?

Based on a typical all-in ownership cost of $836/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 Hop Bottom is $81k/year.

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What industries drive the economy in Hop Bottom?

The largest employment sectors in Hop Bottom are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.