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Needmore

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

Median Home$242,700
Median Rent$858/month
Population158
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing8% finance & insurance
Home Value Growth⬆⬆+12.2% over 2 years
Retirees22% of residentsnear the national average
Homeowners79% of occupied units
Needmore
PA

Frequently Asked Questions

What are today's mortgage rates in Needmore?

As of today, the 30-year fixed mortgage rate for Needmore is approximately 6.966% (7.008% 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 Needmore?

The median home value in Needmore is $243k. The median monthly rent is $858. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Needmore?

Home values in Needmore have increased 12.2% 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 Needmore?

Based on a typical all-in ownership cost of $869/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Needmore is $75k/year.

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What industries drive the economy in Needmore?

The largest employment sectors in Needmore are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.