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Summit Hill

Learn about the people, housing, costs and businesses in Summit Hill, Pennsylvania

Median Home$99,700
Median Rent$1,279/month
Population3,137
Leading IndustriesRetail · Information & Media · Finance & Insurance27% retail
Home Value Growth⬆⬆⬆+32.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners81% of occupied units
Summit Hill
PA

Frequently Asked Questions

What are today's mortgage rates in Summit Hill?

As of today, the 30-year fixed mortgage rate for Summit Hill is approximately 7.066% (7.111% 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 Summit Hill?

The median home value in Summit Hill is $100k. The median monthly rent is $1,279. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Summit Hill?

Home values in Summit Hill have increased 32.1% 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 Summit Hill?

Based on a typical all-in ownership cost of $1,031/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Summit Hill is $65k/year.

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What industries drive the economy in Summit Hill?

The largest employment sectors in Summit Hill are retail (27%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.