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Shippenville

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

Median Home$159,200
Median Rent$883/month
Population454
Leading IndustriesPublic Administration · Retail · Manufacturing28% public administration
Home Value Growth+6.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Shippenville
PA

Frequently Asked Questions

What are today's mortgage rates in Shippenville?

As of today, the 30-year fixed mortgage rate for Shippenville is approximately 6.988% (7.027% 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 Shippenville?

The median home value in Shippenville is $159k. The median monthly rent is $883. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shippenville?

Home values in Shippenville have increased 6.3% 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 Shippenville?

Based on a typical all-in ownership cost of $763/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shippenville is $60k/year.

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What industries drive the economy in Shippenville?

The largest employment sectors in Shippenville are public administration (28%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.