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Wayne Highlands

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

Median Home$249,272
Median Rent$937/month
Population20,516
Leading IndustriesWholesale Trade · Finance & Insurance · Professional Services11% wholesale trade
Home Value Growth+8.9% over 2 years
Retirees27% of residentswell above average
Homeowners77% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
Wayne Highlands
PA

Frequently Asked Questions

What are today's mortgage rates in Wayne Highlands?

As of today, the 30-year fixed mortgage rate for Wayne Highlands is approximately 6.981% (7.020% 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 Highlands?

The median home value in Wayne Highlands is $249k. The median monthly rent is $937. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wayne Highlands?

Home values in Wayne Highlands have increased 8.9% over the past two years. This represents moderate growth. 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 Highlands?

Based on a typical all-in ownership cost of $1,002/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wayne Highlands is $65k/year.

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What industries drive the economy in Wayne Highlands?

The largest employment sectors in Wayne Highlands are public administration (25%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.