The typical owner-occupied home in Shade Gap is worth about $101,300, 60% below the Pennsylvania median of $254,500 and 70% below the national median of $332,700. Owners pay a median $650 a year in property taxes, about 0.64% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $69,583 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 78% of those owners still have a mortgage.
Shade Gap at a glance
| Shade Gap | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $101,300 | $254,500 | $332,700 |
| Median property tax paid per year | $650 | $3,311 | $3,119 |
| Property tax as a share of value | 0.64% | 1.30% | 0.94% |
| Median household income | $69,583 | $77,971 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 78% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $975 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.1% | 19.4% | 21.0% |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1938 | 1965 | 1980 |
| Vacant homes | 22.9% | 9.2% | 10.1% |
| Population | 68 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Shade Gap
At this week's average 30-year rate of 7.11%, buying the median Shade Gap home of $101,300 with 20% down costs about $641 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $810, 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 $27,489 for the 20%-down payment. That payment is 11% of the median Shade Gap household income of $69,583; at that income and 20% down, the 28% guideline points to a home of about $256,000.
| Down payment | $20,260 |
|---|---|
| Loan amount | $81,040 |
| Principal and interest | $545 |
| Property taxes (0.64% a year) | $54 |
| Homeowners insurance (our estimate, 0.5% a year) | $42 |
| PMI | $0 |
| Total per month | $641 |
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| Down payment | $3,546 |
|---|---|
| Loan amount | $99,465 |
| Principal and interest | $669 |
| Property taxes (0.64% a year) | $54 |
| Homeowners insurance (our estimate, 0.5% a year) | $42 |
| FHA mortgage insurance | $45 |
| Total per month | $810 |
Change the numbers in the calculator
Questions about home buying in Shade Gap
What is the median home value in Shade Gap?
About $101,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Shade Gap?
Homeowners pay a median $650 a year, which is about 0.64% 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 Shade Gap?
For the median home with 20% down at 7.11%, the payment is about $641 a month. Keeping that under 28% of gross income takes about $27,489 a year.
More about Shade Gap
- Mortgage Refinance in Shade Gap
- Debt Relief in Shade Gap
- Home Equity Loans in Shade Gap
- 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