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Affordable
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These days, finding an affordable place to live in the Hereford area can be challenging. Home prices in Hereford are now at a median cost of $338,720, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,631/mo in Hereford, primarily driven by the current value of real estate in the Hereford area. In Hereford, 22.12% of households rent, and 49.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hereford is $9,568 per month. Households that rent pay about 17.05% of their income on rent here. Hereford’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Palm, PA: higher priced homes
- Zionsville, PA: higher priced homes
- Bally, PA: less expensive homes
- East Greenville, PA: equally priced homes
- Barto, PA: higher priced homes
- Alburtis, PA: less expensive homes
- Macungie, PA: higher priced homes
- Pennsburg, PA: equally priced homes
- Bechtelsville, PA: equally priced homes
- Red Hill, PA: less expensive homes
Cities with Similar Populations
- Agua Dulce, TX: less expensive homes
- Vernon Hill, VA: less expensive homes
- West Plattsburg, NY: less expensive homes
- Rolling Hills, WY: less expensive homes
- Quinter, KS: less expensive homes
- Ramah, NM: less expensive homes
- Randolph AFB, TX: less expensive homes
- Raymond, IL: less expensive homes
- Red Banks, MS: less expensive homes
- Rhodhiss, NC: less expensive homes
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