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Speers

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

Median Home$143,000
Median Rent$985/month
Population989
Leading IndustriesRetail · Wholesale Trade · Public Administration18% retail
Home Value Growth⬆⬆+11.1% over 2 years
Retirees26% of residentsabove average nationally
Homeowners85% of occupied units
Speers
PA

Frequently Asked Questions

What are today's mortgage rates in Speers?

As of today, the 30-year fixed mortgage rate for Speers is approximately 7.228% (7.277% 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 Speers?

The median home value in Speers is $143k. The median monthly rent is $985. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Speers?

Home values in Speers have increased 11.1% 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 Speers?

Based on a typical all-in ownership cost of $927/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Speers is $69k/year.

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What industries drive the economy in Speers?

The largest employment sectors in Speers are public administration (27%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.