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New Columbia

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

Median Home$189,200
Median Rent$825/month
Population1,022
Leading IndustriesManufacturing · Finance & Insurance · Public Administration1% manufacturing
Home Value Growth⬆⬆+20.8% over 2 years
Young Adults24% of residents
Homeowners90% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
New Columbia
PA

Frequently Asked Questions

What are today's mortgage rates in New Columbia?

As of today, the 30-year fixed mortgage rate for New Columbia is approximately 7.037% (7.078% 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 Columbia?

The median home value in New Columbia is $189k. The median monthly rent is $825. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Columbia?

Home values in New Columbia have increased 20.8% 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 Columbia?

Based on a typical all-in ownership cost of $1,024/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Columbia is $83k/year.

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What industries drive the economy in New Columbia?

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