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New Wilmington

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

Median Home$209,800
Median Rent$977/month
Population2,395
Leading IndustriesFinance & Insurance · Public Administration · Professional Services7% finance & insurance
Home Value Growth⬆⬆⬆+26.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners57% of occupied units
New Wilmington
PA

Frequently Asked Questions

What are today's mortgage rates in New Wilmington?

As of today, the 30-year fixed mortgage rate for New Wilmington is approximately 7.015% (7.055% 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 Wilmington?

The median home value in New Wilmington is $210k. The median monthly rent is $977. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Wilmington?

Home values in New Wilmington have increased 26.6% 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 Wilmington?

Based on a typical all-in ownership cost of $1,078/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Wilmington is $74k/year.

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What industries drive the economy in New Wilmington?

The largest employment sectors in New Wilmington are public administration (28%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.