Quick facts: Gouldsboro, PA

Quick Facts

101.5
Cost of Living
above US average
720
Population
69.44
Crime Rate per 1000
above US average
$50,938
Median Income
below US average
$59,900
Median House Price
above US average
$1840.83
Average Rent
above US average
5%
Poverty Rate
below US average
3.2%
Unemployment Rate
below 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 $50,938.

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Income Needed to Buy

βœ“ Affordable
$19k/year
Based on $59,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($50,938) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$79k/year
Based on $1840.83/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $79k vs median $50,938
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Gouldsboro, PA

Gouldsboro is a quaint borough located in Monroe County, Pennsylvania, nestled within the picturesque Pocono Mountains region. Known for its serene natural beauty, the area offers a blend of outdoor recreational activities and a charming rural atmosphere. The nearby Gouldsboro State Park provides opportunities for hiking, fishing, and picnicking, with its scenic lakes and wooded trails attracting nature lovers year-round. Historically, Gouldsboro was a thriving railroad town in the late 19th century. Today, it maintains a small-town charm with a close-knit community. The borough primarily serves as a residential area, with a mix of seasonal cottages and permanent homes. Local amenities are limited, but residents can easily access larger towns like Tobyhanna and Stroudsburg for shopping and dining. The area is also popular for winter sports, as it's close to ski resorts and snowmobiling trails. Gouldsboro is an ideal escape for those seeking tranquility, outdoor adventures, and a taste of small-town living.

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