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Newburg

Learn about the people, housing, costs and businesses in Newburg, Pennsylvania

Median Home$253,200
Median Rent$1,237/month
Population351
Leading IndustriesFinance & Insurance · Information & Media · Transportation10% finance & insurance
Home Value Growth+3.3% over 2 years
Young Adults33% of residentswell above average
Homeowners69% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Newburg
PA

Frequently Asked Questions

What are today's mortgage rates in Newburg?

As of today, the 30-year fixed mortgage rate for Newburg is approximately 7.004% (7.044% 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 Newburg?

The median home value in Newburg is $253k. The median monthly rent is $1,237. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newburg?

Home values in Newburg have increased 3.3% over the past two years. This represents moderate growth. 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 Newburg?

Based on a typical all-in ownership cost of $1,169/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newburg is $80k/year.

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What industries drive the economy in Newburg?

The largest employment sectors in Newburg are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.