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Mont Clare

Learn about the people, housing, costs and businesses in Mont Clare, Pennsylvania

Median Home$569,200
Median Rent$2,590/month
Population1,977
Leading IndustriesArts, Food & Hospitality · Retail · Healthcare12% arts, food & hospitality
Home Value Growth+2.0% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners79% of occupied units
NotableHigh Incomes$126k/year · top 7% nationally
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Mont Clare
PA

Frequently Asked Questions

What are today's mortgage rates in Mont Clare?

As of today, the 30-year fixed mortgage rate for Mont Clare is approximately 7.003% (7.043% 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 Mont Clare?

The median home value in Mont Clare is $569k. The median monthly rent is $2,590. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mont Clare?

Home values in Mont Clare have increased 2.0% over the past two years. The market has been relatively stable. 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 Mont Clare?

Based on a typical all-in ownership cost of $2,202/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $94k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mont Clare is $126k/year.

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What industries drive the economy in Mont Clare?

The largest employment sectors in Mont Clare are public administration (20%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.