The typical owner-occupied home in Mill Run is worth about $74,700, 71% below the Pennsylvania median of $254,500 and 78% below the national median of $332,700. Owners pay a median $617 a year in property taxes, about 0.83% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $86,771 a year, so the median home costs 0.9 times the median income (3.3 times for Pennsylvania). 100% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Mill Run at a glance
| Mill Run | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $74,700 | $254,500 | $332,700 |
| Median property tax paid per year | $617 | $3,311 | $3,119 |
| Property tax as a share of value | 0.83% | 1.30% | 0.94% |
| Median household income | $86,771 | $77,971 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 39% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1954 | 1965 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 253 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Mill Run
At this week's average 30-year rate of 7.11%, buying the median Mill Run home of $74,700 with 20% down costs about $485 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $609, 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 $20,777 for the 20%-down payment. That payment is 7% of the median Mill Run household income of $86,771; at that income and 20% down, the 28% guideline points to a home of about $312,000.
| Down payment | $14,940 |
|---|---|
| Loan amount | $59,760 |
| Principal and interest | $402 |
| Property taxes (0.83% a year) | $52 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| PMI | $0 |
| Total per month | $485 |
Change the numbers in the calculator
| Down payment | $2,614 |
|---|---|
| Loan amount | $73,347 |
| Principal and interest | $493 |
| Property taxes (0.83% a year) | $52 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| FHA mortgage insurance | $33 |
| Total per month | $609 |
Change the numbers in the calculator
Questions about home buying in Mill Run
What is the median home value in Mill Run?
About $74,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mill Run?
Homeowners pay a median $617 a year, which is about 0.83% 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 Mill Run?
For the median home with 20% down at 7.11%, the payment is about $485 a month. Keeping that under 28% of gross income takes about $20,777 a year.
More about Mill Run
- Mortgage Refinance in Mill Run
- Debt Relief in Mill Run
- Home Equity Loans in Mill Run
- 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