The typical owner-occupied home in Fairless Hills is worth about $358,800, 41% above the Pennsylvania median of $254,500 and 8% above the national median of $332,700. Owners pay a median $4,035 a year in property taxes, about 1.12% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $80,807 a year, so the median home costs 4.4 times the median income (3.3 times for Pennsylvania). 72% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Fairless Hills at a glance
| Fairless Hills | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $358,800 | $254,500 | $332,700 |
| Median property tax paid per year | $4,035 | $3,311 | $3,119 |
| Property tax as a share of value | 1.12% | 1.30% | 0.94% |
| Median household income | $80,807 | $77,971 | $80,734 |
| Homes lived in by their owners | 72% | 69% | 65% |
| Owner homes with a mortgage | 71% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,032 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 22.4% | 19.4% | 21.0% |
| Median rent | $1,366 | $1,209 | $1,413 |
| Rent as a share of renters' income | 45.8% | 29.2% | 30.6% |
| Median year homes were built | 1959 | 1965 | 1980 |
| Vacant homes | 1.7% | 9.2% | 10.1% |
| Population | 8,827 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Fairless Hills
At this week's average 30-year rate of 7.11%, buying the median Fairless Hills home of $358,800 with 20% down costs about $2,415 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,013, 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 $103,514 for the 20%-down payment. That payment is 36% of the median Fairless Hills household income of $80,807; at that income and 20% down, the 28% guideline points to a home of about $280,000.
The median rent here is $1,366 a month, so owning the median home costs about $1,049 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $71,760 |
|---|---|
| Loan amount | $287,040 |
| Principal and interest | $1,931 |
| Property taxes (1.12% a year) | $335 |
| Homeowners insurance (our estimate, 0.5% a year) | $150 |
| PMI | $0 |
| Total per month | $2,415 |
Change the numbers in the calculator
| Down payment | $12,558 |
|---|---|
| Loan amount | $352,301 |
| Principal and interest | $2,370 |
| Property taxes (1.12% a year) | $335 |
| Homeowners insurance (our estimate, 0.5% a year) | $150 |
| FHA mortgage insurance | $159 |
| Total per month | $3,013 |
Change the numbers in the calculator
Questions about home buying in Fairless Hills
What is the median home value in Fairless Hills?
About $358,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fairless Hills?
Homeowners pay a median $4,035 a year, which is about 1.12% 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 Fairless Hills?
For the median home with 20% down at 7.11%, the payment is about $2,415 a month. Keeping that under 28% of gross income takes about $103,514 a year.
More about Fairless Hills
- Mortgage Refinance in Fairless Hills
- Debt Relief in Fairless Hills
- Home Equity Loans in Fairless Hills
- 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