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Mount Gretna

Learn about the people, housing, costs and businesses in Mount Gretna, Pennsylvania

Median Home$260,200
Median Rent$1,339/month
Population205
Leading IndustriesTransportation · Public Administration · Retail4% transportation
Home Value Growth⬆⬆⬆+21.9% over 2 years
Retirees29% of residentswell above average
Homeowners90% of occupied units
NotableTransit91/100 · excellent transit access
NotableHigh Incomes$87k/year · top 28% nationally
Mount Gretna
PA

Frequently Asked Questions

What are today's mortgage rates in Mount Gretna?

As of today, the 30-year fixed mortgage rate for Mount Gretna is approximately 6.988% (7.027% 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 Mount Gretna?

The median home value in Mount Gretna is $260k. The median monthly rent is $1,339. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Gretna?

Home values in Mount Gretna have increased 21.9% 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 Mount Gretna?

Based on a typical all-in ownership cost of $989/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Gretna is $87k/year.

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What industries drive the economy in Mount Gretna?

The largest employment sectors in Mount Gretna are public administration (29%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.