The typical owner-occupied home in Ford City is worth about $84,400, 67% below the Pennsylvania median of $254,500 and 75% below the national median of $332,700. Owners pay a median $1,946 a year in property taxes, about 2.31% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $57,971 a year, so the median home costs 1.5 times the median income (3.3 times for Pennsylvania). 65% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Ford City at a glance
| Ford City | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $84,400 | $254,500 | $332,700 |
| Median property tax paid per year | $1,946 | $3,311 | $3,119 |
| Property tax as a share of value | 2.31% | 1.30% | 0.94% |
| Median household income | $57,971 | $77,971 | $80,734 |
| Homes lived in by their owners | 65% | 69% | 65% |
| Owner homes with a mortgage | 40% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,021 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.9% | 19.4% | 21.0% |
| Median rent | $906 | $1,209 | $1,413 |
| Rent as a share of renters' income | 27.7% | 29.2% | 30.6% |
| Median year homes were built | 1942 | 1965 | 1980 |
| Vacant homes | 16.7% | 9.2% | 10.1% |
| Population | 2,813 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Ford City
At this week's average 30-year rate of 7.11%, buying the median Ford City home of $84,400 with 20% down costs about $652 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $792, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $27,936 for the 20%-down payment. That payment is 13% of the median Ford City household income of $57,971; at that income and 20% down, the 28% guideline points to a home of about $175,000.
The median rent here is $906 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $16,880 |
|---|---|
| Loan amount | $67,520 |
| Principal and interest | $454 |
| Property taxes (2.31% a year) | $162 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| PMI | $0 |
| Total per month | $652 |
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| Down payment | $2,954 |
|---|---|
| Loan amount | $82,871 |
| Principal and interest | $557 |
| Property taxes (2.31% a year) | $162 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| FHA mortgage insurance | $37 |
| Total per month | $792 |
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Questions about home buying in Ford City
What is the median home value in Ford City?
About $84,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ford City?
Homeowners pay a median $1,946 a year, which is about 2.31% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Ford City?
For the median home with 20% down at 7.11%, the payment is about $652 a month. Keeping that under 28% of gross income takes about $27,936 a year.
More about Ford City
- Mortgage Refinance in Ford City
- Debt Relief in Ford City
- Home Equity Loans in Ford City
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data