Quick facts: Blanchard, PA

Quick Facts

101.5
Cost of Living
above US average
505
Population
19.8
Crime Rate per 1000
below US average
$69,750
Median Income
below US average
$35,000
Median House Price
above US average
$1511
Average Rent
above US average
Poverty rate Data is updating, will be available soon
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $69,750.

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Income Needed to Buy

βœ“ Affordable
$11k/year
Based on $35,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($69,750) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$65k/year
Based on $1511/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($69,750) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Blanchard, PA

Blanchard is a small borough located in Centre County, Pennsylvania. Nestled in a rural setting, it is part of the larger State College Metropolitan Statistical Area. The region offers a peaceful and close-knit community atmosphere, making it ideal for those looking to escape the hustle and bustle of city life. Surrounded by picturesque landscapes, including rolling hills and wooded areas, Blanchard provides ample opportunities for outdoor activities such as hiking, fishing, and bird watching. The nearby Bald Eagle State Park is a popular destination for residents and visitors alike, featuring beautiful trails and waterfront areas. While Blanchard itself is more residential, it is conveniently located near larger towns, allowing residents to access more extensive amenities, shopping, and dining options. The sense of community is strong, with local events and gatherings fostering relationships among residents. Blanchard exemplifies a serene, rural lifestyle while remaining close to the conveniences of nearby urban centers in Pennsylvania, making it an appealing option for those seeking tranquility in nature.

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