Quick facts: Kresgeville, PA

Quick Facts

101.5
Cost of Living
above US average
1,234
Population
97.24
Crime Rate per 1000
above US average
$68,000
Median Income
below US average
$365,000
Median House Price
above US average
$1500.0
Average Rent
above US average
10%
Poverty Rate
below US average
5.0%
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 $68,000.

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Income Needed to Buy

βœ— Stretch
$115k/year
Based on $365,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $115k vs median $68,000
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Income Needed to Rent

βœ“ Affordable
$64k/year
Based on $1500.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($68,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Kresgeville, PA

Kresgeville is a small community located in Monroe County, Pennsylvania. Nestled in the scenic Pocono Mountains region, it offers a charming rural atmosphere with access to outdoor recreational activities such as hiking, fishing, and skiing in nearby areas. The community features a mix of residential homes, farms, and small businesses, contributing to its quaint character. Kresgeville is conveniently situated near major highways, providing easy access to larger towns and cities, such as Stroudsburg and East Stroudsburg, where residents can find additional amenities, shopping, and entertainment. The area is rich in natural beauty, with the nearby Delaware Water Gap National Recreation Area and various state parks offering stunning landscapes and a variety of outdoor pursuits. Education is served by the Pleasant Valley School District, which provides quality schooling options for families. Overall, Kresgeville embodies a peaceful, close-knit community lifestyle while being close to the recreational and cultural opportunities that the Pocono region is known for.

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