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Lemont Furnace

Learn about the people, housing, costs and businesses in Lemont Furnace, Pennsylvania

Median Home$122,600
Median Rent$690/month
Population732
Leading IndustriesTransportation · Retail3% transportation
Home Value Growth+10.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners86% of occupied units
NotableAffordable Market$123k median home · lower cost than 83% of the country
NotableVeteran Community9% of residents · top 22% nationally
Lemont Furnace
PA

Frequently Asked Questions

What are today's mortgage rates in Lemont Furnace?

As of today, the 30-year fixed mortgage rate for Lemont Furnace is approximately 6.997% (7.037% 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 Lemont Furnace?

The median home value in Lemont Furnace is $123k. The median monthly rent is $690. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lemont Furnace?

Home values in Lemont Furnace have increased 10.2% 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 Lemont Furnace?

Based on a typical all-in ownership cost of $756/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lemont Furnace is $52k/year.

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What industries drive the economy in Lemont Furnace?

The largest employment sectors in Lemont Furnace are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.