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New Galilee

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

Median Home$151,900
Median Rent$878/month
Population330
Leading IndustriesRetail · Professional Services · Wholesale Trade20% retail
Home Value Growth+10.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners87% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
New Galilee
PA

Frequently Asked Questions

What are today's mortgage rates in New Galilee?

As of today, the 30-year fixed mortgage rate for New Galilee 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 New Galilee?

The median home value in New Galilee is $152k. The median monthly rent is $878. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Galilee?

Home values in New Galilee have increased 10.4% 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 Galilee?

Based on a typical all-in ownership cost of $928/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Galilee is $71k/year.

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What industries drive the economy in New Galilee?

The largest employment sectors in New Galilee are public administration (25%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.