The typical owner-occupied home in Glasgow is worth about $37,500, 85% below the Pennsylvania median of $254,500 and 89% below the national median of $332,700. Owners pay a median $929 a year in property taxes, about 2.48% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $65,833 a year, so the median home costs 0.6 times the median income (3.3 times for Pennsylvania). 63% of occupied homes here are lived in by their owners, and 11% of those owners still have a mortgage.
Glasgow at a glance
| Glasgow | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $37,500 | $254,500 | $332,700 |
| Median property tax paid per year | $929 | $3,311 | $3,119 |
| Property tax as a share of value | 2.48% | 1.30% | 0.94% |
| Median household income | $65,833 | $77,971 | $80,734 |
| Homes lived in by their owners | 63% | 69% | 65% |
| Owner homes with a mortgage | 11% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | $945 | $1,209 | $1,413 |
| Rent as a share of renters' income | 17.8% | 29.2% | 30.6% |
| Median year homes were built | 1966 | 1965 | 1980 |
| Vacant homes | 25.0% | 9.2% | 10.1% |
| Population | 88 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Glasgow
At this week's average 30-year rate of 7.11%, buying the median Glasgow home of $37,500 with 20% down costs about $295 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $357, 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 $12,640 for the 20%-down payment. That payment is 5% of the median Glasgow household income of $65,833; at that income and 20% down, the 28% guideline points to a home of about $195,000.
The median rent here is $945 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $7,500 |
|---|---|
| Loan amount | $30,000 |
| Principal and interest | $202 |
| Property taxes (2.48% a year) | $78 |
| Homeowners insurance (our estimate, 0.5% a year) | $16 |
| PMI | $0 |
| Total per month | $295 |
Change the numbers in the calculator
| Down payment | $1,312 |
|---|---|
| Loan amount | $36,821 |
| Principal and interest | $248 |
| Property taxes (2.48% a year) | $78 |
| Homeowners insurance (our estimate, 0.5% a year) | $16 |
| FHA mortgage insurance | $17 |
| Total per month | $357 |
Change the numbers in the calculator
Questions about home buying in Glasgow
What is the median home value in Glasgow?
About $37,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Glasgow?
Homeowners pay a median $929 a year, which is about 2.48% 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 Glasgow?
For the median home with 20% down at 7.11%, the payment is about $295 a month. Keeping that under 28% of gross income takes about $12,640 a year.
More about Glasgow
- Mortgage Refinance in Glasgow
- Debt Relief in Glasgow
- Home Equity Loans in Glasgow
- 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