The typical owner-occupied home in Bryn Mawr is worth about $453,400, 78% above the Pennsylvania median of $254,500 and 36% above the national median of $332,700. Owners pay a median $5,205 a year in property taxes, about 1.15% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $92,961 a year, so the median home costs 4.9 times the median income (3.3 times for Pennsylvania). 46% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Bryn Mawr at a glance
| Bryn Mawr | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $453,400 | $254,500 | $332,700 |
| Median property tax paid per year | $5,205 | $3,311 | $3,119 |
| Property tax as a share of value | 1.15% | 1.30% | 0.94% |
| Median household income | $92,961 | $77,971 | $80,734 |
| Homes lived in by their owners | 46% | 69% | 65% |
| Owner homes with a mortgage | 71% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,381 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.0% | 19.4% | 21.0% |
| Median rent | $2,173 | $1,209 | $1,413 |
| Rent as a share of renters' income | 34.9% | 29.2% | 30.6% |
| Median year homes were built | 1953 | 1965 | 1980 |
| Vacant homes | 12.1% | 9.2% | 10.1% |
| Population | 5,880 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Bryn Mawr
At this week's average 30-year rate of 7.11%, buying the median Bryn Mawr home of $453,400 with 20% down costs about $3,063 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,819, 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 $131,292 for the 20%-down payment. That payment is 40% of the median Bryn Mawr household income of $92,961; at that income and 20% down, the 28% guideline points to a home of about $321,000.
The median rent here is $2,173 a month, so owning the median home costs about $890 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $90,680 |
|---|---|
| Loan amount | $362,720 |
| Principal and interest | $2,440 |
| Property taxes (1.15% a year) | $435 |
| Homeowners insurance (our estimate, 0.5% a year) | $189 |
| PMI | $0 |
| Total per month | $3,063 |
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| Down payment | $15,869 |
|---|---|
| Loan amount | $445,188 |
| Principal and interest | $2,995 |
| Property taxes (1.15% a year) | $435 |
| Homeowners insurance (our estimate, 0.5% a year) | $189 |
| FHA mortgage insurance | $201 |
| Total per month | $3,819 |
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Questions about home buying in Bryn Mawr
What is the median home value in Bryn Mawr?
About $453,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bryn Mawr?
Homeowners pay a median $5,205 a year, which is about 1.15% 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 Bryn Mawr?
For the median home with 20% down at 7.11%, the payment is about $3,063 a month. Keeping that under 28% of gross income takes about $131,292 a year.
More about Bryn Mawr
- Mortgage Refinance in Bryn Mawr
- Debt Relief in Bryn Mawr
- Home Equity Loans in Bryn Mawr
- 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