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Penndel

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

Median Home$336,200
Median Rent$1,440/month
Population2,513
Leading IndustriesProfessional Services · Public Administration · Finance & Insurance4% professional services
Home Value Growth⬆⬆⬆+43.0% over 2 years
Young Adults38% of residentstop 4% nationally
Renters56% of occupied units
NotableAmenity Score72/100 · highly walkable area
Penndel
PA

Frequently Asked Questions

What are today's mortgage rates in Penndel?

As of today, the 30-year fixed mortgage rate for Penndel is approximately 6.900% (6.936% 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 Penndel?

The median home value in Penndel is $336k. The median monthly rent is $1,440. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Penndel?

Home values in Penndel have increased 43.0% 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 Penndel?

Based on a typical all-in ownership cost of $1,488/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Penndel is $76k/year.

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What industries drive the economy in Penndel?

The largest employment sectors in Penndel are public administration (32%) and information and media (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.