The typical owner-occupied home in Driftwood is worth about $95,700, 62% below the Pennsylvania median of $254,500 and 71% below the national median of $332,700. Owners pay a median $800 a year in property taxes, about 0.84% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $30,500 a year, so the median home costs 3.1 times the median income (3.3 times for Pennsylvania). 100% of occupied homes here are lived in by their owners, and 8% of those owners still have a mortgage.
Driftwood at a glance
| Driftwood | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $95,700 | $254,500 | $332,700 |
| Median property tax paid per year | $800 | $3,311 | $3,119 |
| Property tax as a share of value | 0.84% | 1.30% | 0.94% |
| Median household income | $30,500 | $77,971 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 8% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1966 | 1965 | 1980 |
| Vacant homes | 67.5% | 9.2% | 10.1% |
| Population | 45 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Driftwood
At this week's average 30-year rate of 7.11%, buying the median Driftwood home of $95,700 with 20% down costs about $622 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $781, 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 $26,652 for the 20%-down payment. That payment is 24% of the median Driftwood household income of $30,500; at that income and 20% down, the 28% guideline points to a home of about $110,000.
| Down payment | $19,140 |
|---|---|
| Loan amount | $76,560 |
| Principal and interest | $515 |
| Property taxes (0.84% a year) | $67 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $622 |
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| Down payment | $3,350 |
|---|---|
| Loan amount | $93,967 |
| Principal and interest | $632 |
| Property taxes (0.84% a year) | $67 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $42 |
| Total per month | $781 |
Change the numbers in the calculator
Questions about home buying in Driftwood
What is the median home value in Driftwood?
About $95,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Driftwood?
Homeowners pay a median $800 a year, which is about 0.84% 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 Driftwood?
For the median home with 20% down at 7.11%, the payment is about $622 a month. Keeping that under 28% of gross income takes about $26,652 a year.
More about Driftwood
- Mortgage Refinance in Driftwood
- Debt Relief in Driftwood
- Home Equity Loans in Driftwood
- 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