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Red Lion

Learn about the people, housing, costs and businesses in Red Lion, Pennsylvania

Median Home$177,441
Median Rent$884/month
Population6,518
Leading IndustriesTransportation · Wholesale Trade4% transportation
Home Value Growth⬆⬆+13.4% over 2 years
Young Adults35% of residentswell above average
Homeowners64% of occupied units
NotableAmenity Score72/100 · highly walkable area
NotableTransit79/100 · excellent transit access
Red Lion
PA

Frequently Asked Questions

What are today's mortgage rates in Red Lion?

As of today, the 30-year fixed mortgage rate for Red Lion is approximately 6.990% (7.029% 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 Red Lion?

The median home value in Red Lion is $177k. The median monthly rent is $884. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Red Lion?

Home values in Red Lion have increased 13.4% 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 Red Lion?

Based on a typical all-in ownership cost of $1,015/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Red Lion is $73k/year.

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What industries drive the economy in Red Lion?

The largest employment sectors in Red Lion are public administration (25%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.