The typical owner-occupied home in Mertztown is worth about $175,000, 31% below the Pennsylvania median of $254,500 and 47% below the national median of $332,700. Owners pay a median $2,898 a year in property taxes, about 1.66% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $65,227 a year, so the median home costs 2.7 times the median income (3.3 times for Pennsylvania). 89% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Mertztown at a glance
| Mertztown | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $175,000 | $254,500 | $332,700 |
| Median property tax paid per year | $2,898 | $3,311 | $3,119 |
| Property tax as a share of value | 1.66% | 1.30% | 0.94% |
| Median household income | $65,227 | $77,971 | $80,734 |
| Homes lived in by their owners | 89% | 69% | 65% |
| Owner homes with a mortgage | 61% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,382 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.0% | 19.4% | 21.0% |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1972 | 1965 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 530 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Mertztown
At this week's average 30-year rate of 7.11%, buying the median Mertztown home of $175,000 with 20% down costs about $1,257 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,548, 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 $53,862 for the 20%-down payment. That payment is 23% of the median Mertztown household income of $65,227; at that income and 20% down, the 28% guideline points to a home of about $212,000.
| Down payment | $35,000 |
|---|---|
| Loan amount | $140,000 |
| Principal and interest | $942 |
| Property taxes (1.66% a year) | $242 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| PMI | $0 |
| Total per month | $1,257 |
Change the numbers in the calculator
| Down payment | $6,125 |
|---|---|
| Loan amount | $171,830 |
| Principal and interest | $1,156 |
| Property taxes (1.66% a year) | $242 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| FHA mortgage insurance | $77 |
| Total per month | $1,548 |
Change the numbers in the calculator
Questions about home buying in Mertztown
What is the median home value in Mertztown?
About $175,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mertztown?
Homeowners pay a median $2,898 a year, which is about 1.66% 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 Mertztown?
For the median home with 20% down at 7.11%, the payment is about $1,257 a month. Keeping that under 28% of gross income takes about $53,862 a year.
More about Mertztown
- Mortgage Refinance in Mertztown
- Debt Relief in Mertztown
- Home Equity Loans in Mertztown
- 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