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Buying a home in Industry, Pennsylvania

The typical owner-occupied home in Industry is worth about $198,800, 22% below the Pennsylvania median of $254,500 and 40% below the national median of $332,700. Owners pay a median $2,288 a year in property taxes, about 1.15% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $75,694 a year, so the median home costs 2.6 times the median income (3.3 times for Pennsylvania). 87% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.

Industry at a glance

Industry Pennsylvania U.S.
Median home value $198,800 $254,500 $332,700
Median property tax paid per year $2,288 $3,311 $3,119
Property tax as a share of value 1.15% 1.30% 0.94%
Median household income $75,694 $77,971 $80,734
Homes lived in by their owners 87% 69% 65%
Owner homes with a mortgage 48% 58% 61%
Median monthly costs, owners with a mortgage $1,385 $1,762 $1,963
Those costs as a share of the owners' income 17.9% 19.4% 21.0%
Median rent $1,402 $1,209 $1,413
Rent as a share of renters' income 51.0% 29.2% 30.6%
Median year homes were built 1958 1965 1980
Vacant homes 8.8% 9.2% 10.1%
Population 1,618 13,018,639 334,922,499

What a typical home costs per month in Industry

At this week's average 30-year rate of 7.11%, buying the median Industry home of $198,800 with 20% down costs about $1,343 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,674, 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 $57,567 for the 20%-down payment. That payment is 21% of the median Industry household income of $75,694; at that income and 20% down, the 28% guideline points to a home of about $261,000.

The median rent here is $1,402 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$39,760
Loan amount$159,040
Principal and interest$1,070
Property taxes (1.15% a year)$191
Homeowners insurance (our estimate, 0.5% a year)$83
PMI$0
Total per month$1,343

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3.5% down, 30-year FHA loan
Down payment$6,958
Loan amount$195,199
Principal and interest$1,313
Property taxes (1.15% a year)$191
Homeowners insurance (our estimate, 0.5% a year)$83
FHA mortgage insurance$88
Total per month$1,674

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Questions about home buying in Industry

What is the median home value in Industry?

About $198,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Industry?

Homeowners pay a median $2,288 a year, which is about 1.15% 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 Industry?

For the median home with 20% down at 7.11%, the payment is about $1,343 a month. Keeping that under 28% of gross income takes about $57,567 a year.

More about Industry

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