The typical owner-occupied home in Bowmanstown is worth about $191,900, 25% below the Pennsylvania median of $254,500 and 42% below the national median of $332,700. Owners pay a median $3,363 a year in property taxes, about 1.75% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $68,365 a year, so the median home costs 2.8 times the median income (3.3 times for Pennsylvania). 61% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Bowmanstown at a glance
| Bowmanstown | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $191,900 | $254,500 | $332,700 |
| Median property tax paid per year | $3,363 | $3,311 | $3,119 |
| Property tax as a share of value | 1.75% | 1.30% | 0.94% |
| Median household income | $68,365 | $77,971 | $80,734 |
| Homes lived in by their owners | 61% | 69% | 65% |
| Owner homes with a mortgage | 64% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,611 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 23.0% | 19.4% | 21.0% |
| Median rent | $1,005 | $1,209 | $1,413 |
| Rent as a share of renters' income | 21.5% | 29.2% | 30.6% |
| Median year homes were built | 1951 | 1965 | 1980 |
| Vacant homes | 6.5% | 9.2% | 10.1% |
| Population | 968 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Bowmanstown
At this week's average 30-year rate of 7.11%, buying the median Bowmanstown home of $191,900 with 20% down costs about $1,393 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,712, 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 $59,681 for the 20%-down payment. That payment is 24% of the median Bowmanstown household income of $68,365; at that income and 20% down, the 28% guideline points to a home of about $220,000.
The median rent here is $1,005 a month, so owning the median home costs about $388 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $38,380 |
|---|---|
| Loan amount | $153,520 |
| Principal and interest | $1,033 |
| Property taxes (1.75% a year) | $280 |
| Homeowners insurance (our estimate, 0.5% a year) | $80 |
| PMI | $0 |
| Total per month | $1,393 |
Change the numbers in the calculator
| Down payment | $6,716 |
|---|---|
| Loan amount | $188,424 |
| Principal and interest | $1,268 |
| Property taxes (1.75% a year) | $280 |
| Homeowners insurance (our estimate, 0.5% a year) | $80 |
| FHA mortgage insurance | $85 |
| Total per month | $1,712 |
Change the numbers in the calculator
Questions about home buying in Bowmanstown
What is the median home value in Bowmanstown?
About $191,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bowmanstown?
Homeowners pay a median $3,363 a year, which is about 1.75% 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 Bowmanstown?
For the median home with 20% down at 7.11%, the payment is about $1,393 a month. Keeping that under 28% of gross income takes about $59,681 a year.
More about Bowmanstown
- Mortgage Refinance in Bowmanstown
- Debt Relief in Bowmanstown
- Home Equity Loans in Bowmanstown
- 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