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Palmer Heights

Learn about the people, housing, costs and businesses in Palmer Heights, Pennsylvania

Median Home$310,742
Median Rent$1,698/month
Population3,507
Leading IndustriesPublic Administration · Retail · Education31% public administration
Home Value Growth+10.9% over 2 years
Retirees29% of residentswell above average
Homeowners91% of occupied units
NotableAmenity Score78/100 · highly walkable area
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Palmer Heights
PA

Explore Palmer Heights

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Palmer Heights?

As of today, the 30-year fixed mortgage rate for Palmer Heights is approximately 6.952% (6.990% 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 Palmer Heights?

The median home value in Palmer Heights is $311k. The median monthly rent is $1,698. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Palmer Heights?

Home values in Palmer Heights have increased 10.9% 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 Palmer Heights?

Based on a typical all-in ownership cost of $1,583/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palmer Heights is $95k/year.

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What industries drive the economy in Palmer Heights?

The largest employment sectors in Palmer Heights are public administration (31%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.