The typical owner-occupied home in Knox is worth about $114,100, 55% below the Pennsylvania median of $254,500 and 66% below the national median of $332,700. Owners pay a median $1,389 a year in property taxes, about 1.22% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $69,000 a year, so the median home costs 1.7 times the median income (3.3 times for Pennsylvania). 61% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Knox at a glance
| Knox | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $114,100 | $254,500 | $332,700 |
| Median property tax paid per year | $1,389 | $3,311 | $3,119 |
| Property tax as a share of value | 1.22% | 1.30% | 0.94% |
| Median household income | $69,000 | $77,971 | $80,734 |
| Homes lived in by their owners | 61% | 69% | 65% |
| Owner homes with a mortgage | 58% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,234 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.4% | 19.4% | 21.0% |
| Median rent | $846 | $1,209 | $1,413 |
| Rent as a share of renters' income | 21.0% | 29.2% | 30.6% |
| Median year homes were built | 1948 | 1965 | 1980 |
| Vacant homes | 11.2% | 9.2% | 10.1% |
| Population | 1,082 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Knox
At this week's average 30-year rate of 7.11%, buying the median Knox home of $114,100 with 20% down costs about $778 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $968, 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 $33,325 for the 20%-down payment. That payment is 14% of the median Knox household income of $69,000; at that income and 20% down, the 28% guideline points to a home of about $236,000.
The median rent here is $846 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $22,820 |
|---|---|
| Loan amount | $91,280 |
| Principal and interest | $614 |
| Property taxes (1.22% a year) | $116 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| PMI | $0 |
| Total per month | $778 |
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| Down payment | $3,994 |
|---|---|
| Loan amount | $112,033 |
| Principal and interest | $754 |
| Property taxes (1.22% a year) | $116 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| FHA mortgage insurance | $50 |
| Total per month | $968 |
Change the numbers in the calculator
Questions about home buying in Knox
What is the median home value in Knox?
About $114,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Knox?
Homeowners pay a median $1,389 a year, which is about 1.22% 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 Knox?
For the median home with 20% down at 7.11%, the payment is about $778 a month. Keeping that under 28% of gross income takes about $33,325 a year.
More about Knox
- Mortgage Refinance in Knox
- Debt Relief in Knox
- Home Equity Loans in Knox
- 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