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Platea

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

Median Home$201,600
Median Rent$897/month
Population451
Leading IndustriesEducation · Retail · Finance & Insurance6% education
Home Value Growth+5.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners89% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
Platea
PA

Frequently Asked Questions

What are today's mortgage rates in Platea?

As of today, the 30-year fixed mortgage rate for Platea is approximately 6.951% (6.992% 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 Platea?

The median home value in Platea is $202k. The median monthly rent is $897. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Platea?

Home values in Platea have increased 5.2% 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 Platea?

Based on a typical all-in ownership cost of $969/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Platea is $94k/year.

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What industries drive the economy in Platea?

The largest employment sectors in Platea are retail (23%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.