Quick facts: Woodward, PA

Quick Facts

101.5
Cost of Living
above US average
80
Population
37.5
Crime Rate per 1000
above US average
$51,250
Median Income
below US average
$189,000
Median House Price
above US average
$1511
Average Rent
above US average
5%
Poverty Rate
below US average
2.5%
Unemployment Rate
below 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 $51,250.

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Income Needed to Buy

βœ— Stretch
$59k/year
Based on $189,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $59k vs median $51,250
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Income Needed to Rent

⚠ Stretch
$65k/year
Based on $1511/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $65k vs median $51,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Woodward, PA

Woodward, Pennsylvania, is a small, rural community located in Centre County. Known for its serene landscapes and close-knit atmosphere, Woodward embodies the charm of small-town living. The area is surrounded by beautiful natural scenery, including rolling hills and lush forests, making it an excellent destination for outdoor enthusiasts who enjoy hiking, fishing, and exploring nature. The town is part of the larger Bald Eagle Area School District, which provides educational opportunities for local children. While Woodward itself has limited urban amenities, it benefits from its proximity to larger towns, such as Bellefonte and Lock Haven, which offer shopping, dining, and cultural activities. Woodward's economy is primarily based on agriculture and local businesses, reflecting the community's rural roots. Residents value their quiet lifestyle, and the area is known for its family-friendly environment and community events. Its strategic location provides easy access to nearby parks and recreational facilities, making it an appealing spot for those seeking a peaceful retreat. Woodward, PA, is ideal for anyone looking to experience the tranquility of rural Pennsylvania.

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