Quick facts: Philipsburg, PA

Quick Facts

101.5
Cost of Living
above US average
2,740
Population
39.78
Crime Rate per 1000
above US average
$45,530
Median Income
below US average
$165,000
Median House Price
above US average
$117216.33
Average Rent
above US average
Poverty rate Data is updating, will be available soon
5.1%
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 $45,530.

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Income Needed to Buy

βœ— Stretch
$52k/year
Based on $165,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $52k vs median $45,530
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Income Needed to Rent

⚠ Stretch
$5024k/year
Based on $117216.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $5024k vs median $45,530
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Philipsburg, PA

Philipsburg is a small borough located in Centre County, Pennsylvania, characterized by its rich history and quaint rural charm. Nestled in the heart of the Appalachian region, this inviting community is known for its friendly atmosphere and close-knit neighborhoods. The borough was established in the early 1800s and was historically significant due to local coal mining and railroad industries, which shaped its development. Residents enjoy access to beautiful natural surroundings, with nearby outdoor recreational activities including hiking, fishing, and exploring state parks. The Philipsburg-Osceola School District serves the educational needs of the community, offering a supportive environment for students. Local attractions include historic sites and small businesses that reflect the town’s heritage. The annual community events, such as festivals and holiday celebrations, foster a spirit of camaraderie among residents. With its blend of history, community-focused living, and scenic landscapes, Philipsburg is a hidden gem in central Pennsylvania, ideal for those seeking a peaceful lifestyle while still being connected to nature and history.

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