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Strodes Mills

Learn about the people, housing, costs and businesses in Strodes Mills, Pennsylvania

Median Home$163,543
Median Rent$856/month
Population705
Leading IndustriesRetail · Manufacturing · Public Administration21% retail
Home Value Growth+10.2% over 2 years
Retirees22% of residentsnear the national average
Homeowners78% of occupied units
NotableTransit84/100 · excellent transit access
Strodes Mills
PA

Frequently Asked Questions

What are today's mortgage rates in Strodes Mills?

As of today, the 30-year fixed mortgage rate for Strodes Mills is approximately 7.397% (7.451% 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 Strodes Mills?

The median home value in Strodes Mills is $164k. The median monthly rent is $856. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Strodes Mills?

Home values in Strodes Mills have increased 10.2% 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 Strodes Mills?

Based on a typical all-in ownership cost of $793/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Strodes Mills is $69k/year.

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What industries drive the economy in Strodes Mills?

The largest employment sectors in Strodes Mills are public administration (26%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.