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Northwood

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

Median Home$190,900
Median Rent$798/month
Population268
Leading IndustriesEducation · Retail · Construction3% education
Home Value Growth⬆⬆+13.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners86% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Northwood
PA

Frequently Asked Questions

What are today's mortgage rates in Northwood?

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

The median home value in Northwood is $191k. The median monthly rent is $798. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Northwood?

Home values in Northwood have increased 13.2% 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 Northwood?

Based on a typical all-in ownership cost of $1,034/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 Northwood is $74k/year.

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What industries drive the economy in Northwood?

The largest employment sectors in Northwood are public administration (26%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.