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New Britain

Learn about the people, housing, costs and businesses in New Britain, Pennsylvania

Median Home$407,000
Median Rent$2,145/month
Population2,821
Leading IndustriesTransportation · Public Administration · Arts, Food & Hospitality3% transportation
Home Value Growth⬆⬆+20.0% over 2 years
Young Adults45% of residentstop 2% nationally
Homeowners80% of occupied units
NotableTransit92/100 · excellent transit access
NotableAmenity Score83/100 · highly walkable area
New Britain
PA

Frequently Asked Questions

What are today's mortgage rates in New Britain?

As of today, the 30-year fixed mortgage rate for New Britain is approximately 6.950% (6.988% 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 New Britain?

The median home value in New Britain is $407k. The median monthly rent is $2,145. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Britain?

Home values in New Britain have increased 20.0% 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 New Britain?

Based on a typical all-in ownership cost of $1,828/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Britain is $125k/year.

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What industries drive the economy in New Britain?

The largest employment sectors in New Britain are public administration (26%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.