What is the property tax rate in Pennsylvania?

Pennsylvania's average property tax rate is 1.58%, which is high compared to the national average of 1.07%. On a $280,000 home, that's approximately $369/month in property taxes.

Pennsylvania Mortgage Calculator 2026

Pennsylvania offers relatively affordable home prices compared to its Mid-Atlantic neighbors, but above-average property taxes (1.58%) are an important factor in calculating your total monthly payment. Philadelphia and Pittsburgh are both undergoing significant revitalization, attracting young professionals and corporate investment.

$280,000

Median Home Price

1.58%

Property Tax Rate

High

7.25%

Avg 30-yr Rate

$1,997

Est. Monthly (PITI)

Calculate Your Pennsylvania Mortgage Payment

Pre-filled with Pennsylvania averages — adjust any value to match your situation.

Purchase Price ($)

Down Payment (%)

= $56,000 down

Annual Interest Rate (%)

Loan Term (years)

Monthly Tax ($)

Monthly Insurance ($)

Estimated Monthly Payment Breakdown

Based on $280,000 home price, 20% down, 30-year fixed at 7.25%.

Principal & Interest

$1,528/mo

Property Tax

$369/mo

Homeowners Insurance

$100/mo

Total (PITI)

$1,997/mo

Pennsylvania Property Taxes & Income Tax

Pennsylvania's 1.58% property tax rate is above the national average — on a $280,000 home, about $369/month. The Homestead Exclusion reduces assessed value for primary residences. Pennsylvania's income tax is a flat 3.07% — one of the lowest flat rates in the nation.

✅ Homestead Exemption available — Pennsylvania offers a homestead exemption for owner-occupied primary residences, reducing your property tax bill.

Pennsylvania Homeowners Insurance

🌊Flood Risk

Pennsylvania's insurance costs are moderate at $1,000–$1,400/year. Flooding is a concern in some areas, particularly along the Susquehanna River and in low-lying communities. Budget $85–$120/month.

Pennsylvania Housing Market Overview

Philadelphia has seen strong revitalization in neighborhoods like Fishtown, Northern Liberties, and South Philly, with prices well below comparable NYC neighborhoods. Pittsburgh has transformed from a steel city to a tech and healthcare hub (Carnegie Mellon, University of Pittsburgh). The Lehigh Valley (Allentown, Bethlehem) offers affordable options with NYC/Philadelphia access. Much of rural Pennsylvania qualifies for USDA loans.

Frequently Asked Questions

What is the average mortgage payment in Pennsylvania?

Based on Pennsylvania's median home price of $280,000, a 20% down payment, and a 30-year fixed rate of 7.25%, the estimated total monthly payment (PITI) is approximately $1,997/month.

What is the conforming loan limit in Pennsylvania?

The conforming loan limit in Pennsylvania is $766,550. Loans above this amount are jumbo loans requiring stronger credit and larger down payments.

Can I get a USDA loan in Pennsylvania?

Yes — Pennsylvania has USDA-eligible rural areas where qualifying buyers can purchase a home with zero down payment. Use the USDA eligibility map to check specific addresses.

Are VA loans available in Pennsylvania?

Yes — eligible veterans, active-duty service members, and surviving spouses can use VA loans in Pennsylvania with no down payment and no PMI. The VA loan limit in Pennsylvania is $766,550.

Pennsylvania Loan Limits

Conventional$766,550

FHA$472,030

VANo limit (full entitlement)

Jumbo starts at$766,551

Pennsylvania Homebuyer Programs

PHFA Keystone Home Loan

Pennsylvania Housing Finance Agency (PHFA)

Below-market interest rate mortgages with optional down payment assistance for qualifying homebuyers in Pennsylvania.

Learn more →

Loan Types Available

✓Conventional (30-yr, 15-yr, ARM)

✓FHA (3.5% down)

✓VA (0% down for veterans)

✓USDA (0% down, rural areas)

Compare Neighboring States

New York1.72% tax New Jersey2.23% tax Delaware0.57% tax Maryland1.09% tax West Virginia0.59% tax

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