The typical owner-occupied home in Newburg is worth about $94,200, 63% below the Pennsylvania median of $254,500 and 72% below the national median of $332,700. Owners pay a median $950 a year in property taxes, about 1.01% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $63,906 a year, so the median home costs 1.5 times the median income (3.3 times for Pennsylvania). 100% of occupied homes here are lived in by their owners, and 75% of those owners still have a mortgage.
Newburg at a glance
| Newburg | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $94,200 | $254,500 | $332,700 |
| Median property tax paid per year | $950 | $3,311 | $3,119 |
| Property tax as a share of value | 1.01% | 1.30% | 0.94% |
| Median household income | $63,906 | $77,971 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 75% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $876 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 14.3% | 19.4% | 21.0% |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1953 | 1965 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 306 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Newburg
At this week's average 30-year rate of 7.11%, buying the median Newburg home of $94,200 with 20% down costs about $625 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $782, 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 $26,807 for the 20%-down payment. That payment is 12% of the median Newburg household income of $63,906; at that income and 20% down, the 28% guideline points to a home of about $225,000.
| Down payment | $18,840 |
|---|---|
| Loan amount | $75,360 |
| Principal and interest | $507 |
| Property taxes (1.01% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $625 |
Change the numbers in the calculator
| Down payment | $3,297 |
|---|---|
| Loan amount | $92,494 |
| Principal and interest | $622 |
| Property taxes (1.01% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $42 |
| Total per month | $782 |
Change the numbers in the calculator
Questions about home buying in Newburg
What is the median home value in Newburg?
About $94,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Newburg?
Homeowners pay a median $950 a year, which is about 1.01% 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 Newburg?
For the median home with 20% down at 7.11%, the payment is about $625 a month. Keeping that under 28% of gross income takes about $26,807 a year.
More about Newburg
- Mortgage Refinance in Newburg
- Debt Relief in Newburg
- Home Equity Loans in Newburg
- 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