Quick facts: Manheim, PA

Quick Facts

101.5
Cost of Living
above US average
5,012
Population
4.99
Crime Rate per 1000
below US average
$75,833
Median Income
below US average
$399,900
Median House Price
above US average
$1419.86
Average Rent
above US average
8%
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 $75,833.

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Income Needed to Buy

βœ— Stretch
$125k/year
Based on $399,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $125k vs median $75,833
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Income Needed to Rent

βœ“ Affordable
$61k/year
Based on $1419.86/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($75,833) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Manheim, PA

Manheim is a small borough located in Lancaster County, Pennsylvania. Nestled in the heart of Pennsylvania Dutch Country, Manheim boasts a rich history that dates back to the early 18th century, often characterized by its charming architecture and close-knit community atmosphere. The town offers residents and visitors a picturesque view of lush farmlands and rolling hills, making it a beautiful spot for those who appreciate rural living. One of the notable features of Manheim is its vibrant local culture, greatly influenced by the nearby Amish and Mennonite communities. Visitors can experience unique shops, farmers' markets, and various local events that celebrate this heritage. The borough also hosts a number of annual events, including the Manheim Community Farm Show, which showcases local agriculture and crafts. For outdoor enthusiasts, nearby parks and recreational areas provide opportunities for hiking, fishing, and exploring the scenic landscape. Manheim is conveniently located near larger cities such as Lancaster and Harrisburg, allowing for easy access to urban amenities while maintaining the charm of a small town. Overall, Manheim exemplifies a blend of rural charm, community spirit, and cultural richness.

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