The typical owner-occupied home in Athens is worth about $167,200, 34% below the Pennsylvania median of $254,500 and 50% below the national median of $332,700. Owners pay a median $2,656 a year in property taxes, about 1.59% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $53,000 a year, so the median home costs 3.2 times the median income (3.3 times for Pennsylvania). 41% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Athens at a glance
| Athens | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $167,200 | $254,500 | $332,700 |
| Median property tax paid per year | $2,656 | $3,311 | $3,119 |
| Property tax as a share of value | 1.59% | 1.30% | 0.94% |
| Median household income | $53,000 | $77,971 | $80,734 |
| Homes lived in by their owners | 41% | 69% | 65% |
| Owner homes with a mortgage | 49% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,227 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 17.1% | 19.4% | 21.0% |
| Median rent | $842 | $1,209 | $1,413 |
| Rent as a share of renters' income | 23.6% | 29.2% | 30.6% |
| Median year homes were built | 1953 | 1965 | 1980 |
| Vacant homes | 5.5% | 9.2% | 10.1% |
| Population | 3,243 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Athens
At this week's average 30-year rate of 7.11%, buying the median Athens home of $167,200 with 20% down costs about $1,191 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,470, 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 $51,044 for the 20%-down payment. That payment is 27% of the median Athens household income of $53,000; at that income and 20% down, the 28% guideline points to a home of about $174,000.
The median rent here is $842 a month, so owning the median home costs about $349 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,440 |
|---|---|
| Loan amount | $133,760 |
| Principal and interest | $900 |
| Property taxes (1.59% a year) | $222 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,191 |
Change the numbers in the calculator
| Down payment | $5,852 |
|---|---|
| Loan amount | $164,172 |
| Principal and interest | $1,104 |
| Property taxes (1.59% a year) | $222 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $74 |
| Total per month | $1,470 |
Change the numbers in the calculator
Questions about home buying in Athens
What is the median home value in Athens?
About $167,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Athens?
Homeowners pay a median $2,656 a year, which is about 1.59% 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 Athens?
For the median home with 20% down at 7.11%, the payment is about $1,191 a month. Keeping that under 28% of gross income takes about $51,044 a year.
More about Athens
- Mortgage Refinance in Athens
- Debt Relief in Athens
- Home Equity Loans in Athens
- 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