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Swarthmore

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

Median Home$633,800
Median Rent$1,532/month
Population6,438
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Professional Services47% public administration
Home Value Growth⬆⬆+12.6% over 2 years
Young Adults40% of residentstop 3% nationally
Homeowners76% of occupied units
NotableTransit91/100 · excellent transit access
NotableHigh Incomes$152k/year · top 4% nationally
Swarthmore
PA

Frequently Asked Questions

What are today's mortgage rates in Swarthmore?

As of today, the 30-year fixed mortgage rate for Swarthmore is approximately 6.818% (6.851% 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 Swarthmore?

The median home value in Swarthmore is $634k. The median monthly rent is $1,532. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Swarthmore?

Home values in Swarthmore have increased 12.6% 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 Swarthmore?

Based on a typical all-in ownership cost of $1,919/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Swarthmore is $152k/year.

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What industries drive the economy in Swarthmore?

The largest employment sectors in Swarthmore are public administration (47%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.