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New Paris

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

Median Home$174,300
Median Rent$883/month
Population194
Leading IndustriesRetail · Finance & Insurance · Information & Media18% retail
Home Value Growth+1.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners81% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
New Paris
PA

Frequently Asked Questions

What are today's mortgage rates in New Paris?

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

The median home value in New Paris is $174k. The median monthly rent is $883. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Paris?

Home values in New Paris have increased 1.4% over the past two years. The market has been relatively stable. 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 Paris?

Based on a typical all-in ownership cost of $737/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Paris is $61k/year.

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What industries drive the economy in New Paris?

The largest employment sectors in New Paris are public administration (21%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.