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Wallaceton

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

Median Home$119,300
Median Rent$930/month
Population301
Leading IndustriesTransportation · Finance & Insurance · Manufacturing4% transportation
Home Value Growth⬆⬆⬆+22.4% over 2 years
Young Adults23% of residents
Homeowners87% of occupied units
Wallaceton
PA

Frequently Asked Questions

What are today's mortgage rates in Wallaceton?

As of today, the 30-year fixed mortgage rate for Wallaceton is approximately 6.988% (7.027% 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 Wallaceton?

The median home value in Wallaceton is $119k. The median monthly rent is $930. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wallaceton?

Home values in Wallaceton have increased 22.4% 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 Wallaceton?

Based on a typical all-in ownership cost of $711/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wallaceton is $59k/year.

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What industries drive the economy in Wallaceton?

The largest employment sectors in Wallaceton are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.