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Wilkes-Barre Area

Learn about the people, housing, costs and businesses in Wilkes-Barre Area, Pennsylvania

Median Home$133,425
Median Rent$1,058/month
Population63,127
Leading IndustriesFinance & Insurance · Information & Media · Education9% finance & insurance
Home Value Growth⬆⬆⬆+31.9% over 2 years
Young Adults32% of residentswell above average
Homeowners57% of occupied units
Wilkes-Barre Area
PA

Explore Wilkes-Barre Area

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Wilkes-Barre Area?

As of today, the 30-year fixed mortgage rate for Wilkes-Barre Area is approximately 7.092% (7.138% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Wilkes-Barre Area
What is the median home price in Wilkes-Barre Area?

The median home value in Wilkes-Barre Area is $133k. The median monthly rent is $1,058. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wilkes-Barre Area?

Home values in Wilkes-Barre Area have increased 31.9% 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 Wilkes-Barre Area?

Based on a typical all-in ownership cost of $983/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wilkes-Barre Area is $59k/year.

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What industries drive the economy in Wilkes-Barre Area?

The largest employment sectors in Wilkes-Barre Area are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.