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Wayne

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

Median Home$732,945
Median Rent$2,023/month
Population6,697
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services20% healthcare
Home Value Growth⬆⬆+20.3% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners66% of occupied units
NotableAmenity Score88/100 · highly walkable area
NotableHighly Educated38% bachelor's · 22% graduate · top 2% nationally
Wayne
PA

Frequently Asked Questions

What are today's mortgage rates in Wayne?

As of today, the 30-year fixed mortgage rate for Wayne is approximately 6.813% (6.846% 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 Wayne?

The median home value in Wayne is $733k. The median monthly rent is $2,023. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wayne?

Home values in Wayne have increased 20.3% 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 Wayne?

Based on a typical all-in ownership cost of $2,240/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $96k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wayne is $152k/year.

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What industries drive the economy in Wayne?

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