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Wayne Heights

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

Median Home$259,508
Median Rent$1,241/month
Population2,546
Leading IndustriesFinance & Insurance · Information & Media · Retail9% finance & insurance
Home Value Growth⬆⬆+15.4% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners72% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Wayne Heights
PA

Frequently Asked Questions

What are today's mortgage rates in Wayne Heights?

As of today, the 30-year fixed mortgage rate for Wayne Heights is approximately 6.955% (6.993% 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 Heights?

The median home value in Wayne Heights is $260k. The median monthly rent is $1,241. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wayne Heights?

Home values in Wayne Heights have increased 15.4% 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 Wayne Heights?

Based on a typical all-in ownership cost of $1,132/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wayne Heights is $70k/year.

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What industries drive the economy in Wayne Heights?

The largest employment sectors in Wayne Heights are public administration (22%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.