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Mahaffey

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

Median Home$117,400
Median Rent$903/month
Population316
Leading IndustriesManufacturing · Retail · Finance & Insurance3% manufacturing
Home Value Growth⬆⬆⬆+22.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners88% of occupied units
Mahaffey
PA

Frequently Asked Questions

What are today's mortgage rates in Mahaffey?

As of today, the 30-year fixed mortgage rate for Mahaffey is approximately 7.625% (7.686% 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 Mahaffey?

The median home value in Mahaffey is $117k. The median monthly rent is $903. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mahaffey?

Home values in Mahaffey have increased 22.4% 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 Mahaffey?

Based on a typical all-in ownership cost of $517/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mahaffey is $62k/year.

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What industries drive the economy in Mahaffey?

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