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Spring Mount

Learn about the people, housing, costs and businesses in Spring Mount, Pennsylvania

Median Home$356,000
Median Rent$1,664/month
Population2,375
Leading IndustryEducation4% of local workforce
Home Value Growth⬆⬆+19.8% over 2 years
Retirees21% of residentsnear the national average
Homeowners85% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$116k/year · top 10% nationally
Spring Mount
PA

Frequently Asked Questions

What are today's mortgage rates in Spring Mount?

As of today, the 30-year fixed mortgage rate for Spring Mount is approximately 6.902% (6.938% 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 Spring Mount?

The median home value in Spring Mount is $356k. The median monthly rent is $1,664. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Spring Mount?

Home values in Spring Mount have increased 19.8% 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 Spring Mount?

Based on a typical all-in ownership cost of $1,645/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Spring Mount is $116k/year.

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What industries drive the economy in Spring Mount?

The largest employment sectors in Spring Mount are public administration (19%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.