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Latrobe

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

Median Home$144,000
Median Rent$756/month
Population7,977
Leading IndustriesManufacturing · Professional Services · Public Administration1% manufacturing
Home Value Growth⬆⬆+12.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners70% of occupied units
NotableTransit92/100 · excellent transit access
NotableAmenity Score83/100 · highly walkable area
Latrobe
PA

Frequently Asked Questions

What are today's mortgage rates in Latrobe?

As of today, the 30-year fixed mortgage rate for Latrobe is approximately 6.984% (7.023% 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 Latrobe?

The median home value in Latrobe is $144k. The median monthly rent is $756. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Latrobe?

Home values in Latrobe have increased 12.3% 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 Latrobe?

Based on a typical all-in ownership cost of $841/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 Latrobe is $60k/year.

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What industries drive the economy in Latrobe?

The largest employment sectors in Latrobe are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.