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Shaler Area

Learn about the people, housing, costs and businesses in Shaler Area, Pennsylvania

Median Home$213,480
Median Rent$1,172/month
Population37,381
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆+12.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
NotableHighly Educated24% hold a bachelor's degree · top 17% nationally
Shaler Area
PA

Frequently Asked Questions

What are today's mortgage rates in Shaler Area?

As of today, the 30-year fixed mortgage rate for Shaler Area is approximately 7.029% (7.070% 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 Shaler Area?

The median home value in Shaler Area is $213k. The median monthly rent is $1,172. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shaler Area?

Home values in Shaler Area have increased 12.3% 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 Shaler Area?

Based on a typical all-in ownership cost of $1,075/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shaler Area is $85k/year.

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What industries drive the economy in Shaler Area?

The largest employment sectors in Shaler Area are public administration (26%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.