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Point Marion

Learn about the people, housing, costs and businesses in Point Marion, Pennsylvania

Median Home$121,300
Median Rent$928/month
Population1,084
Leading IndustriesManufacturing · Public Administration · Information & Media4% manufacturing
Home Value Growth+10.2% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners77% of occupied units
Point Marion
PA

Frequently Asked Questions

What are today's mortgage rates in Point Marion?

As of today, the 30-year fixed mortgage rate for Point Marion is approximately 7.250% (7.299% 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 Point Marion?

The median home value in Point Marion is $121k. The median monthly rent is $928. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Point Marion?

Home values in Point Marion have increased 10.2% 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 Point Marion?

Based on a typical all-in ownership cost of $687/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Point Marion is $53k/year.

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What industries drive the economy in Point Marion?

The largest employment sectors in Point Marion are public administration (28%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.