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Trappe

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

Median Home$415,400
Median Rent$1,865/month
Population4,025
Leading IndustriesPublic Administration · Education · Healthcare30% public administration
Home Value Growth⬆⬆+14.6% over 2 years
Young Adults39% of residentstop 3% nationally
Homeowners77% of occupied units
NotableHigh Incomes$127k/year · top 7% nationally
NotableAmenity Score69/100 · highly walkable area
Trappe
PA

Frequently Asked Questions

What are today's mortgage rates in Trappe?

As of today, the 30-year fixed mortgage rate for Trappe is approximately 6.869% (6.904% 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 Trappe?

The median home value in Trappe is $415k. The median monthly rent is $1,865. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Trappe?

Home values in Trappe have increased 14.6% 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 Trappe?

Based on a typical all-in ownership cost of $1,847/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Trappe is $127k/year.

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What industries drive the economy in Trappe?

The largest employment sectors in Trappe are public administration (30%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.