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Buying a home in Strausstown, Pennsylvania

The typical owner-occupied home in Strausstown is worth about $202,600, 20% below the Pennsylvania median of $254,500 and 39% below the national median of $332,700. Owners pay a median $2,386 a year in property taxes, about 1.18% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $100,227 a year, so the median home costs 2.0 times the median income (3.3 times for Pennsylvania). 82% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.

Strausstown at a glance

Strausstown Pennsylvania U.S.
Median home value $202,600 $254,500 $332,700
Median property tax paid per year $2,386 $3,311 $3,119
Property tax as a share of value 1.18% 1.30% 0.94%
Median household income $100,227 $77,971 $80,734
Homes lived in by their owners 82% 69% 65%
Owner homes with a mortgage 47% 58% 61%
Median monthly costs, owners with a mortgage $1,625 $1,762 $1,963
Those costs as a share of the owners' income 16.4% 19.4% 21.0%
Median rent $1,250 $1,209 $1,413
Rent as a share of renters' income 22.5% 29.2% 30.6%
Median year homes were built 1938 1965 1980
Vacant homes 17.3% 9.2% 10.1%
Population 302 13,018,639 334,922,499

What a typical home costs per month in Strausstown

At this week's average 30-year rate of 7.11%, buying the median Strausstown home of $202,600 with 20% down costs about $1,374 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,711, 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 $58,884 for the 20%-down payment. That payment is 16% of the median Strausstown household income of $100,227; at that income and 20% down, the 28% guideline points to a home of about $345,000.

The median rent here is $1,250 a month, so owning the median home costs about $124 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$40,520
Loan amount$162,080
Principal and interest$1,090
Property taxes (1.18% a year)$199
Homeowners insurance (our estimate, 0.5% a year)$84
PMI$0
Total per month$1,374

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3.5% down, 30-year FHA loan
Down payment$7,091
Loan amount$198,930
Principal and interest$1,338
Property taxes (1.18% a year)$199
Homeowners insurance (our estimate, 0.5% a year)$84
FHA mortgage insurance$90
Total per month$1,711

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Questions about home buying in Strausstown

What is the median home value in Strausstown?

About $202,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Strausstown?

Homeowners pay a median $2,386 a year, which is about 1.18% 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 Strausstown?

For the median home with 20% down at 7.11%, the payment is about $1,374 a month. Keeping that under 28% of gross income takes about $58,884 a year.

More about Strausstown

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