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Penbrook

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

Median Home$168,100
Median Rent$987/month
Population3,266
Leading IndustriesPublic Administration · Transportation · Healthcare35% public administration
Home Value Growth⬆⬆+11.4% over 2 years
Young Adults38% of residentstop 4% nationally
Homeowners57% of occupied units
Penbrook
PA

Frequently Asked Questions

What are today's mortgage rates in Penbrook?

As of today, the 30-year fixed mortgage rate for Penbrook is approximately 7.124% (7.170% 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 Penbrook?

The median home value in Penbrook is $168k. The median monthly rent is $987. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Penbrook?

Home values in Penbrook have increased 11.4% 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 Penbrook?

Based on a typical all-in ownership cost of $1,209/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Penbrook is $62k/year.

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What industries drive the economy in Penbrook?

The largest employment sectors in Penbrook are public administration (35%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.