Quick facts: Dayton, PA

Quick Facts

101.5
Cost of Living
above US average
544
Population
9.19
Crime Rate per 1000
below US average
$53,750
Median Income
below US average
$109,900
Median House Price
above US average
$1511
Average Rent
above US average
7%
Poverty Rate
below US average
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 $53,750.

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Income Needed to Buy

βœ“ Affordable
$34k/year
Based on $109,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($53,750) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$65k/year
Based on $1511/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $65k vs median $53,750
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dayton, PA

Dayton is a small borough located in Armstrong County, Pennsylvania, known for its serene environment and rural charm. With a population of just over 1,000 residents, it offers a close-knit community vibe, making it an ideal place for those seeking a quieter lifestyle. The town is situated near major highways, providing convenient access to larger cities while maintaining its tranquil atmosphere. The surrounding area is characterized by lush landscapes, rolling hills, and scenic views, making it popular for outdoor enthusiasts. Residents enjoy activities such as hiking, fishing, and farming. Dayton is also home to several local businesses and is a short drive from larger commercial centers like Kittanning and Indiana, PA, where residents can find more extensive shopping and dining options. The community hosts various events throughout the year, fostering a sense of belonging among residents. With its mix of natural beauty and small-town charm, Dayton presents an appealing option for those looking to connect with nature and enjoy a slower pace of life.

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