The typical owner-occupied home in Phoenixville is worth about $369,600, 45% above the Pennsylvania median of $254,500 and 11% above the national median of $332,700. Owners pay a median $4,783 a year in property taxes, about 1.29% of their home's value, close to the Pennsylvania rate of 1.30%. The median household earns $102,138 a year, so the median home costs 3.6 times the median income (3.3 times for Pennsylvania). 55% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Phoenixville at a glance
| Phoenixville | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $369,600 | $254,500 | $332,700 |
| Median property tax paid per year | $4,783 | $3,311 | $3,119 |
| Property tax as a share of value | 1.29% | 1.30% | 0.94% |
| Median household income | $102,138 | $77,971 | $80,734 |
| Homes lived in by their owners | 55% | 69% | 65% |
| Owner homes with a mortgage | 70% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,080 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.6% | 19.4% | 21.0% |
| Median rent | $1,735 | $1,209 | $1,413 |
| Rent as a share of renters' income | 26.5% | 29.2% | 30.6% |
| Median year homes were built | 1974 | 1965 | 1980 |
| Vacant homes | 3.9% | 9.2% | 10.1% |
| Population | 19,452 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Phoenixville
At this week's average 30-year rate of 7.11%, buying the median Phoenixville home of $369,600 with 20% down costs about $2,540 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,156, 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 $108,873 for the 20%-down payment. That payment is 30% of the median Phoenixville household income of $102,138; at that income and 20% down, the 28% guideline points to a home of about $347,000.
The median rent here is $1,735 a month, so owning the median home costs about $805 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $73,920 |
|---|---|
| Loan amount | $295,680 |
| Principal and interest | $1,989 |
| Property taxes (1.29% a year) | $397 |
| Homeowners insurance (our estimate, 0.5% a year) | $154 |
| PMI | $0 |
| Total per month | $2,540 |
Change the numbers in the calculator
| Down payment | $12,936 |
|---|---|
| Loan amount | $362,906 |
| Principal and interest | $2,441 |
| Property taxes (1.29% a year) | $397 |
| Homeowners insurance (our estimate, 0.5% a year) | $154 |
| FHA mortgage insurance | $163 |
| Total per month | $3,156 |
Change the numbers in the calculator
Questions about home buying in Phoenixville
What is the median home value in Phoenixville?
About $369,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Phoenixville?
Homeowners pay a median $4,783 a year, which is about 1.29% 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 Phoenixville?
For the median home with 20% down at 7.11%, the payment is about $2,540 a month. Keeping that under 28% of gross income takes about $108,873 a year.
More about Phoenixville
- Mortgage Refinance in Phoenixville
- Debt Relief in Phoenixville
- Home Equity Loans in Phoenixville
- 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