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Lattimer

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

Median Home$247,600
Median Rent$886/month
Population618
Leading IndustriesAgriculture & Mining · Construction · Information & Media21% agriculture & mining
Home Value Growth⬆⬆+17.0% over 2 years
Retirees21% of residentsnear the national average
Homeowners86% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Lattimer
PA

Frequently Asked Questions

What are today's mortgage rates in Lattimer?

As of today, the 30-year fixed mortgage rate for Lattimer is approximately 7.625% (7.759% 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 Lattimer?

The median home value in Lattimer is $248k. The median monthly rent is $886. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lattimer?

Home values in Lattimer have increased 17.0% 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 Lattimer?

Based on a typical all-in ownership cost of $1,006/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lattimer is $72k/year.

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What industries drive the economy in Lattimer?

The largest employment sectors in Lattimer are agriculture and mining (21%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.