Quick facts: Mars, PA

Quick Facts

101.5
Cost of Living
above US average
1,430
Population
34.97
Crime Rate per 1000
above US average
$57,700
Median Income
below US average
$559,990
Median House Price
above US average
$2749.55
Average Rent
above US average
5%
Poverty Rate
below US average
4.2%
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 $57,700.

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Income Needed to Buy

βœ— Stretch
$176k/year
Based on $559,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $176k vs median $57,700
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Income Needed to Rent

⚠ Stretch
$118k/year
Based on $2749.55/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $118k vs median $57,700
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mars, PA

Mars, Pennsylvania, is a charming borough located in Butler County, approximately 30 miles north of Pittsburgh. With a population of just over 1,000 residents, Mars offers a small-town atmosphere while still providing access to the amenities of larger urban areas. The town is known for its picturesque landscapes, friendly community, and rich history, which dates back to the 1800s. One of the town's highlights is the Mars Area School District, which serves local students and is well-regarded for its educational programs. The borough features quaint shops, local restaurants, and community events that foster a tight-knit culture. Outdoor enthusiasts can enjoy nearby parks and recreational activities, making it an ideal spot for families and nature lovers. Mars also has a unique claim to fame with its connection to the Mars Rover missions, as the name "Mars" has garnered attention in the fields of science and technology. Overall, Mars, PA, is a delightful place to visit or live, balancing both historical charm and modern conveniences.

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