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Nazareth

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

Median Home$245,700
Median Rent$1,193/month
Population6,043
Leading IndustriesPublic Administration · Finance & Insurance · Transportation37% public administration
Home Value Growth+7.1% over 2 years
Retirees27% of residentsabove average nationally
Renters58% of occupied units
NotableAmenity Score74/100 · highly walkable area
Nazareth
PA

Frequently Asked Questions

What are today's mortgage rates in Nazareth?

As of today, the 30-year fixed mortgage rate for Nazareth is approximately 6.965% (7.004% 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 Nazareth?

The median home value in Nazareth is $246k. The median monthly rent is $1,193. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nazareth?

Home values in Nazareth have increased 7.1% over the past two years. This represents moderate growth. 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 Nazareth?

Based on a typical all-in ownership cost of $1,189/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nazareth is $56k/year.

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What industries drive the economy in Nazareth?

The largest employment sectors in Nazareth are public administration (37%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.