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Penn State Berks

Learn about the people, housing, costs and businesses in Penn State Berks, Pennsylvania

Median Home$299,900
Median Rent$1,367/month
Population765
Leading IndustriesPublic Administration · Education · Arts, Food & Hospitality32% public administration
Home Value Growth+6.0% over 2 years
Young Adults34% of residentswell above average
Homeowners78% of occupied units
NotableAmenity Score86/100 · highly walkable area
NotableHighly Educated33% bachelor's · 19% graduate · top 5% nationally
Penn State Berks
PA

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

Frequently Asked Questions

What are today's mortgage rates in Penn State Berks?

As of today, the 30-year fixed mortgage rate for Penn State Berks 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 Penn State Berks?

The median home value in Penn State Berks is $300k. The median monthly rent is $1,367. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Penn State Berks?

Home values in Penn State Berks have increased 6.0% 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 Penn State Berks?

Based on a typical all-in ownership cost of $1,377/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Penn State Berks is $111k/year.

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What industries drive the economy in Penn State Berks?

The largest employment sectors in Penn State Berks are public administration (32%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.