Quick facts: Saint marys, PA

Quick Facts

101.5
Cost of Living
above US average
12,520
Population
9.27
Crime Rate per 1000
below US average
$61,364
Median Income
below US average
$134,900
Median House Price
above US average
$720.0
Average Rent
below US average
9%
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 $61,364.

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Income Needed to Buy

βœ“ Affordable
$42k/year
Based on $134,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($61,364) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$31k/year
Based on $720.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($61,364) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Saint marys, PA

Saint Marys is a charming city located in Elk County, Pennsylvania. Nestled in the picturesque Allegheny Mountains, it offers a blend of natural beauty and small-town charm. Known for its rich history, Saint Marys was founded in the 1850s and has a strong German heritage, which is reflected in its architecture and local traditions. The city is surrounded by lush forests, making it a great destination for outdoor activities such as hiking, fishing, and hunting. Notable attractions include the Elk Country Visitor Center, where visitors can learn about the local elk population, and the nearby Quemahoning Dam for recreational opportunities. Saint Marys also features a vibrant community, with local shops, restaurants, and events that showcase its cultural heritage. The annual Saint Marys Arts and Crafts Festival draws visitors from near and far, celebrating local artisans and craftspeople. Overall, Saint Marys is a tranquil yet engaging destination that invites visitors to enjoy both its historical significance and the natural wonders of Pennsylvania’s wild landscapes.

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