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Towamensing Trails

Learn about the people, housing, costs and businesses in Towamensing Trails, Pennsylvania

Median Home$315,900
Population1,717
Leading IndustriesInformation & Media · Transportation · Finance & Insurance16% information & media
Home Value Growth⬆⬆+18.5% over 2 years
Retirees43% of residentstop 1% nationally
NotableVeteran Community14% of residents · top 3% nationally
Towamensing Trails
PA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Towamensing Trails?

As of today, the 30-year fixed mortgage rate for Towamensing Trails is approximately 6.953% (6.991% 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 Towamensing Trails?

The median home value in Towamensing Trails is $316k. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Towamensing Trails?

Home values in Towamensing Trails have increased 18.5% 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 Towamensing Trails?

Based on a typical all-in ownership cost of $979/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Towamensing Trails is $78k/year.

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What industries drive the economy in Towamensing Trails?

The largest employment sectors in Towamensing Trails are public administration (25%) and information and media (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.