
Home Price Key
These days, finding an affordable place to live in the Derrick City area can be challenging. Home prices in Derrick City are now at a median cost of $81,106, lower than the Pennsylvania average of $222,630.
The average cost of rent is $1,137/mo in Derrick City, primarily driven by the current value of real estate in the Derrick City area. While nearly 51.50% of residents own their homes outright in Derrick City, 21.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Derrick City is $5,316 per month. Households that rent pay about 21.39% of their income on rent here. Derrick City's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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