Quick facts: New kensington, PA

Quick Facts

101.5
Cost of Living
above US average
13,116
Population
26.99
Crime Rate per 1000
above US average
$56,867
Median Income
below US average
$158,000
Median House Price
above US average
$1087.85
Average Rent
below US average
15%
Poverty Rate
above US average
6.1%
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 $56,867.

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Income Needed to Buy

βœ“ Affordable
$50k/year
Based on $158,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($56,867) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$47k/year
Based on $1087.85/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($56,867) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for New kensington, PA

New Kensington is a city located in Westmoreland County, Pennsylvania, just 18 miles northeast of Pittsburgh. Established in the early 20th century, it was once a thriving center for industry, particularly known for its glass and steel production. The city is situated along the banks of the Allegheny River and is part of the Pittsburgh metropolitan area, providing residents with a suburban feel while being close to urban amenities. New Kensington features a mix of residential neighborhoods, parks, and small businesses, contributing to a tight-knit community atmosphere. The city's historic downtown area reflects its industrial past and offers a variety of shops, restaurants, and local services. Outdoor enthusiasts can enjoy nearby parks and recreational areas, including the scenic Allegheny Riverfront Park, which offers walking trails and green spaces. The area is also served by public transportation options that connect residents to Pittsburgh and surrounding communities. Overall, New Kensington combines its rich industrial heritage with community charm, making it a unique place to live, work, and explore.

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