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Lebanon South

Learn about the people, housing, costs and businesses in Lebanon South, Pennsylvania

Median Home$216,700
Median Rent$1,134/month
Population2,386
Leading IndustriesRetail · Finance & Insurance · Public Administration16% retail
Home Value Growth⬆⬆⬆+27.8% over 2 years
Retirees29% of residentswell above average
Homeowners82% of occupied units
Lebanon South
PA

Frequently Asked Questions

What are today's mortgage rates in Lebanon South?

As of today, the 30-year fixed mortgage rate for Lebanon South is approximately 6.962% (7.003% 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 Lebanon South?

The median home value in Lebanon South is $217k. The median monthly rent is $1,134. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lebanon South?

Home values in Lebanon South have increased 27.8% 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 Lebanon South?

Based on a typical all-in ownership cost of $918/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lebanon South is $64k/year.

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What industries drive the economy in Lebanon South?

The largest employment sectors in Lebanon South are public administration (26%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.