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Salisbury

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

Median Home$147,400
Median Rent$823/month
Population719
Leading IndustriesRetail · Manufacturing · Agriculture & Mining22% retail
Home Value Growth+5.4% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners77% of occupied units
NotableAffordable Market$147k median home · lower cost than 75% of the country
Salisbury
PA

Frequently Asked Questions

What are today's mortgage rates in Salisbury?

As of today, the 30-year fixed mortgage rate for Salisbury is approximately 7.008% (7.051% 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 Salisbury?

The median home value in Salisbury is $147k. The median monthly rent is $823. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Salisbury?

Home values in Salisbury have increased 5.4% 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 Salisbury?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Salisbury is $71k/year.

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What industries drive the economy in Salisbury?

The largest employment sectors in Salisbury are public administration (26%) and retail (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.