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Patton

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

Median Home$122,000
Median Rent$592/month
Population1,675
Leading IndustriesInformation & Media · Public Administration · Finance & Insurance10% information & media
Home Value Growth⬆⬆+12.1% over 2 years
Retirees26% of residentsabove average nationally
Homeowners85% of occupied units
NotableAffordable Market$122k median home · lower cost than 84% of the country
NotableVeteran Community9% of residents · top 22% nationally
Patton
PA

Frequently Asked Questions

What are today's mortgage rates in Patton?

As of today, the 30-year fixed mortgage rate for Patton is approximately 7.343% (7.394% 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 Patton?

The median home value in Patton is $122k. The median monthly rent is $592. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Patton?

Home values in Patton have increased 12.1% 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 Patton?

Based on a typical all-in ownership cost of $715/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Patton is $63k/year.

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What industries drive the economy in Patton?

The largest employment sectors in Patton are public administration (31%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.