The typical owner-occupied home in Allensville is worth about $168,100, 34% below the Pennsylvania median of $254,500 and 49% below the national median of $332,700. Owners pay a median $2,194 a year in property taxes, about 1.31% of their home's value, close to the Pennsylvania rate of 1.30%. The median household earns $69,000 a year, so the median home costs 2.4 times the median income (3.3 times for Pennsylvania). 78% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Allensville at a glance
| Allensville | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $168,100 | $254,500 | $332,700 |
| Median property tax paid per year | $2,194 | $3,311 | $3,119 |
| Property tax as a share of value | 1.31% | 1.30% | 0.94% |
| Median household income | $69,000 | $77,971 | $80,734 |
| Homes lived in by their owners | 78% | 69% | 65% |
| Owner homes with a mortgage | 33% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,344 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 14.3% | 19.4% | 21.0% |
| Median rent | $817 | $1,209 | $1,413 |
| Rent as a share of renters' income | 32.5% | 29.2% | 30.6% |
| Median year homes were built | 1962 | 1965 | 1980 |
| Vacant homes | 14.1% | 9.2% | 10.1% |
| Population | 389 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Allensville
At this week's average 30-year rate of 7.11%, buying the median Allensville home of $168,100 with 20% down costs about $1,158 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,438, 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 $49,638 for the 20%-down payment. That payment is 20% of the median Allensville household income of $69,000; at that income and 20% down, the 28% guideline points to a home of about $234,000.
The median rent here is $817 a month, so owning the median home costs about $341 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,620 |
|---|---|
| Loan amount | $134,480 |
| Principal and interest | $905 |
| Property taxes (1.31% a year) | $184 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,158 |
Change the numbers in the calculator
| Down payment | $5,884 |
|---|---|
| Loan amount | $165,055 |
| Principal and interest | $1,110 |
| Property taxes (1.31% a year) | $184 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $74 |
| Total per month | $1,438 |
Change the numbers in the calculator
Questions about home buying in Allensville
What is the median home value in Allensville?
About $168,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Allensville?
Homeowners pay a median $2,194 a year, which is about 1.31% 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 Allensville?
For the median home with 20% down at 7.11%, the payment is about $1,158 a month. Keeping that under 28% of gross income takes about $49,638 a year.
More about Allensville
- Mortgage Refinance in Allensville
- Debt Relief in Allensville
- Home Equity Loans in Allensville
- 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