Carnegie, Pennsylvania.
Typical home $221,851 (-0.8% in a year), asking rent $1,247 (+6.2%). Pittsburgh, PA metro.
to buy the typical home at today's mortgage rate — +$590 (+103%) since Jan 2020.
- 1 year
- Down $1,855 -1%
- $223,706$221,851 since Sep 2025
- 5 years
- Up $30,742 +16%
- $191,109$221,851 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Carnegie$1,164
- Pennsylvania$1,507
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 23 years.
Typical home values in Carnegie, PA fell 0.8% over the past year — slower than the nation's +1.2%.
Asking rents in Carnegie, PA rose 6.2% over the past year — faster than the nation's +2.7%.
Owning the typical home in Carnegie runs $435/mo more than renting one. The gap peaked at $570 in Jan 2025.
That is $1,682 a month against $1,247 rent: a $1,164 mortgage payment, plus $280 property tax and $238 insurance & upkeep.
Owning vs renting — Carnegie
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,682
- Renting$1,247
- Mortgage only$1,164
Property tax · $280/mo 1.52% of value a year — the ACS 2020-2024 median bill over the median home value for Allegheny County, PA
Insurance & upkeep · $238/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Carnegie, Allegheny County, Pennsylvania
Carnegie is a borough of 8,134 people in Allegheny County. Half its households earn more than $67,656 a year and half less, against $78,548 across Allegheny County; 12% of its people live below the poverty line. 54% of its homes are lived in by their owners and 46% are rented. Unemployment in Allegheny County was 3.8% in August 2026, and the county had 0.1% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Carnegie is a small borough in Allegheny County, with a population somewhat younger than many older towns around it. Household incomes run below the county's, and owners and renters each make up a sizable part of the community, with slightly more homes lived in by their owners. Winters are cold, with January the coldest month, and summers are warm; rain and melted snow fall steadily through the year.
Work. Residents work mostly in schools, hospitals and social care, followed by professional and business services, shops, and banks, insurance and property. Among the largest workplaces in Carnegie are DGI Menard, a drilled pier contractor, and Ruthrauff Service, a mechanical contractor. Many people commute a moderate distance to jobs, and a good number work from home.
Things to do. The Ohio River and the Allegheny River are each a short drive away for time by the water. For museums, the Carnegie Museum of Natural History and the Andy Warhol Museum are both a short drive away. Fort Pitt, a historic fort, is also a short drive away.
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- 4,217households
- 37%of adults have a degree
- 12%below the poverty line
- 25 mintypical commute
- 22%work from home
What residents work in
Employed residents by industry, from the Census survey. Allegheny County had 670,169 jobs in 2025, 0.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 39° and lows near 20°; warmest in July, with highs near 85° and lows near 64°. About 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Emsworth L/d Ohio River weather station, 7 miles away (NOAA).
Largest workplaces in Carnegie
- DGI MenardDrilled pier contractors217
- Ruthrauff ServiceMechanical contractors54
- Field and Technical ServicesRemediation services, environmental48
- AJ Myers & SonsSchool bus services30
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 349 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Carnegie’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Allegheny County and the Pittsburgh, PA metro.
Carnegie home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Carnegie$221,851
- Pennsylvania$287,078
- United States$366,157
Sellers are cutting prices on about 1 in 3 Carnegie listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Carnegie37.58%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Carnegie48
New listings per month
Sellers arriving at the market.
- Carnegie21
Zip codes with a Carnegie address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Carnegie — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.