The typical owner-occupied home in Saint Petersburg is worth about $98,000, 61% below the Pennsylvania median of $254,500 and 71% below the national median of $332,700. Owners pay a median $1,229 a year in property taxes, about 1.25% of their home's value, close to the Pennsylvania rate of 1.30%. The median household earns $70,750 a year, so the median home costs 1.4 times the median income (3.3 times for Pennsylvania). 84% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Saint Petersburg at a glance
| Saint Petersburg | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $98,000 | $254,500 | $332,700 |
| Median property tax paid per year | $1,229 | $3,311 | $3,119 |
| Property tax as a share of value | 1.25% | 1.30% | 0.94% |
| Median household income | $70,750 | $77,971 | $80,734 |
| Homes lived in by their owners | 84% | 69% | 65% |
| Owner homes with a mortgage | 60% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,229 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 17.6% | 19.4% | 21.0% |
| Median rent | $875 | $1,209 | $1,413 |
| Rent as a share of renters' income | 21.7% | 29.2% | 30.6% |
| Median year homes were built | 1949 | 1965 | 1980 |
| Vacant homes | 17.4% | 9.2% | 10.1% |
| Population | 267 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Saint Petersburg
At this week's average 30-year rate of 7.11%, buying the median Saint Petersburg home of $98,000 with 20% down costs about $670 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $834, 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 $28,728 for the 20%-down payment. That payment is 11% of the median Saint Petersburg household income of $70,750; at that income and 20% down, the 28% guideline points to a home of about $241,000.
The median rent here is $875 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $19,600 |
|---|---|
| Loan amount | $78,400 |
| Principal and interest | $527 |
| Property taxes (1.25% a year) | $102 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| PMI | $0 |
| Total per month | $670 |
Change the numbers in the calculator
| Down payment | $3,430 |
|---|---|
| Loan amount | $96,225 |
| Principal and interest | $647 |
| Property taxes (1.25% a year) | $102 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| FHA mortgage insurance | $43 |
| Total per month | $834 |
Change the numbers in the calculator
Questions about home buying in Saint Petersburg
What is the median home value in Saint Petersburg?
About $98,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Petersburg?
Homeowners pay a median $1,229 a year, which is about 1.25% 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 Saint Petersburg?
For the median home with 20% down at 7.11%, the payment is about $670 a month. Keeping that under 28% of gross income takes about $28,728 a year.
More about Saint Petersburg
- Mortgage Refinance in Saint Petersburg
- Debt Relief in Saint Petersburg
- Home Equity Loans in Saint Petersburg
- 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