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King of Prussia

Learn about the people, housing, costs and businesses in King of Prussia, Pennsylvania

Median Home$438,570
Median Rent$2,057/month
Population25,877
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education21% healthcare
Home Value Growth⬆⬆+14.5% over 2 years
Young Adults39% of residentstop 3% nationally
Renters53% of occupied units
NotableHighly Educated37% bachelor's · 19% graduate · top 2% nationally
NotableAmenity Score81/100 · highly walkable area
King of Prussia
PA

Explore King of Prussia

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in King of Prussia?

As of today, the 30-year fixed mortgage rate for King of Prussia is approximately 6.859% (6.894% 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 King of Prussia?

The median home value in King of Prussia is $439k. The median monthly rent is $2,057. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in King of Prussia?

Home values in King of Prussia have increased 14.5% 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 King of Prussia?

Based on a typical all-in ownership cost of $1,964/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in King of Prussia is $119k/year.

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What industries drive the economy in King of Prussia?

The largest employment sectors in King of Prussia are public administration (25%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.