The typical owner-occupied home in Republic is worth about $141,300, 44% below the Pennsylvania median of $254,500 and 58% below the national median of $332,700. The median household earns $59,866 a year, so the median home costs 2.4 times the median income (3.3 times for Pennsylvania). 63% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Republic at a glance
| Republic | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $141,300 | $254,500 | $332,700 |
| Median property tax paid per year | – | $3,311 | $3,119 |
| Median household income | $59,866 | $77,971 | $80,734 |
| Homes lived in by their owners | 63% | 69% | 65% |
| Owner homes with a mortgage | 69% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 23.9% | 19.4% | 21.0% |
| Median rent | $1,138 | $1,209 | $1,413 |
| Rent as a share of renters' income | 49.2% | 29.2% | 30.6% |
| Median year homes were built | 1938 | 1965 | 1980 |
| Vacant homes | 12.5% | 9.2% | 10.1% |
| Population | 1,332 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Republic
At this week's average 30-year rate of 7.11%, buying the median Republic home of $141,300 with 20% down costs about $949 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,184, 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 $40,664 for the 20%-down payment. That payment is 19% of the median Republic household income of $59,866; at that income and 20% down, the 28% guideline points to a home of about $208,000.
The median rent here is $1,138 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $28,260 |
|---|---|
| Loan amount | $113,040 |
| Principal and interest | $760 |
| Property taxes (1.10% a year) | $130 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| PMI | $0 |
| Total per month | $949 |
Change the numbers in the calculator
| Down payment | $4,946 |
|---|---|
| Loan amount | $138,741 |
| Principal and interest | $933 |
| Property taxes (1.10% a year) | $130 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| FHA mortgage insurance | $62 |
| Total per month | $1,184 |
Change the numbers in the calculator
Questions about home buying in Republic
What is the median home value in Republic?
About $141,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Republic?
For the median home with 20% down at 7.11%, the payment is about $949 a month. Keeping that under 28% of gross income takes about $40,664 a year.
More about Republic
- Mortgage Refinance in Republic
- Debt Relief in Republic
- Home Equity Loans in Republic
- 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