The typical owner-occupied home in Cochranville is worth about $306,700, 21% above the Pennsylvania median of $254,500 and 8% below the national median of $332,700. Owners pay a median $4,580 a year in property taxes, about 1.49% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $116,250 a year, so the median home costs 2.6 times the median income (3.3 times for Pennsylvania). 83% of occupied homes here are lived in by their owners, and 76% of those owners still have a mortgage.
Cochranville at a glance
| Cochranville | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $306,700 | $254,500 | $332,700 |
| Median property tax paid per year | $4,580 | $3,311 | $3,119 |
| Property tax as a share of value | 1.49% | 1.30% | 0.94% |
| Median household income | $116,250 | $77,971 | $80,734 |
| Homes lived in by their owners | 83% | 69% | 65% |
| Owner homes with a mortgage | 76% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,733 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 16.5% | 19.4% | 21.0% |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1961 | 1965 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 590 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Cochranville
At this week's average 30-year rate of 7.11%, buying the median Cochranville home of $306,700 with 20% down costs about $2,159 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,670, 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 $92,535 for the 20%-down payment. That payment is 22% of the median Cochranville household income of $116,250; at that income and 20% down, the 28% guideline points to a home of about $385,000.
| Down payment | $61,340 |
|---|---|
| Loan amount | $245,360 |
| Principal and interest | $1,651 |
| Property taxes (1.49% a year) | $381 |
| Homeowners insurance (our estimate, 0.5% a year) | $128 |
| PMI | $0 |
| Total per month | $2,159 |
Change the numbers in the calculator
| Down payment | $10,734 |
|---|---|
| Loan amount | $301,145 |
| Principal and interest | $2,026 |
| Property taxes (1.49% a year) | $381 |
| Homeowners insurance (our estimate, 0.5% a year) | $128 |
| FHA mortgage insurance | $136 |
| Total per month | $2,670 |
Change the numbers in the calculator
Questions about home buying in Cochranville
What is the median home value in Cochranville?
About $306,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cochranville?
Homeowners pay a median $4,580 a year, which is about 1.49% 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 Cochranville?
For the median home with 20% down at 7.11%, the payment is about $2,159 a month. Keeping that under 28% of gross income takes about $92,535 a year.
More about Cochranville
- Mortgage Refinance in Cochranville
- Debt Relief in Cochranville
- Home Equity Loans in Cochranville
- 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