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McKnightstown

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

Median Home$247,300
Median Rent$1,085/month
Population388
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education21% healthcare
Home Value Growth⬆⬆⬆+27.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
NotableHighly Educated35% bachelor's · 22% graduate · top 3% nationally
NotableHigh Incomes$100k/year · top 17% nationally
McKnightstown
PA

Frequently Asked Questions

What are today's mortgage rates in McKnightstown?

As of today, the 30-year fixed mortgage rate for McKnightstown is approximately 6.870% (6.905% 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 McKnightstown?

The median home value in McKnightstown is $247k. The median monthly rent is $1,085. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McKnightstown?

Home values in McKnightstown have increased 27.6% 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 McKnightstown?

Based on a typical all-in ownership cost of $1,402/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McKnightstown is $100k/year.

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What industries drive the economy in McKnightstown?

The largest employment sectors in McKnightstown are public administration (24%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.