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Rutherford

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

Median Home$214,200
Median Rent$1,155/month
Population6,802
Leading IndustriesFinance & Insurance · Information & Media · Public Administration16% finance & insurance
Home Value Growth⬆⬆+15.6% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners75% of occupied units
Rutherford
PA

Frequently Asked Questions

What are today's mortgage rates in Rutherford?

As of today, the 30-year fixed mortgage rate for Rutherford is approximately 7.001% (7.041% 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 Rutherford?

The median home value in Rutherford is $214k. The median monthly rent is $1,155. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rutherford?

Home values in Rutherford have increased 15.6% 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 Rutherford?

Based on a typical all-in ownership cost of $1,329/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rutherford is $84k/year.

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What industries drive the economy in Rutherford?

The largest employment sectors in Rutherford are public administration (35%) and information and media (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.