Quick facts: Pottstown, PA

Quick Facts

101.5
Cost of Living
above US average
23,377
Population
10.99
Crime Rate per 1000
below US average
$57,647
Median Income
below US average
$285,870
Median House Price
above US average
$1707.45
Average Rent
above US average
12%
Poverty Rate
above 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 $57,647.

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Income Needed to Buy

βœ— Stretch
$90k/year
Based on $285,870 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $90k vs median $57,647
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Income Needed to Rent

⚠ Stretch
$73k/year
Based on $1707.45/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $73k vs median $57,647
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pottstown, PA

Pottstown, located in Montgomery County, Pennsylvania, is a charming borough with a rich history and a vibrant community. Nestled along the Schuylkill River, Pottstown serves as a gateway to the scenic landscape of southeastern Pennsylvania. Once known for its iron and steel industries in the 19th century, the town has evolved into a residential and commercial hub. The downtown area features a mix of historic buildings and modern amenities, offering a variety of shops, restaurants, and cultural venues. Pottstown is home to the beautiful Sanatoga Park, various recreational areas, and the Pottstown Memorial Medical Center, which contributes to community health. The borough hosts numerous events throughout the year, including the annual Pottstown Global Community Festival, which celebrates cultural diversity. With a rich history in arts, education, and industry, Pottstown has a strong sense of community, making it an attractive place for residents and visitors alike. The area is serviced by local schools and parks, promoting a family-friendly atmosphere. Overall, Pottstown embodies the charm of small-town life with easy access to urban amenities in nearby Philadelphia.

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