The typical owner-occupied home in Timblin is worth about $55,000, 78% below the Pennsylvania median of $254,500 and 83% below the national median of $332,700. Owners pay a median $614 a year in property taxes, about 1.12% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $57,500 a year, so the median home costs 1.0 times the median income (3.3 times for Pennsylvania). 94% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Timblin at a glance
| Timblin | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $55,000 | $254,500 | $332,700 |
| Median property tax paid per year | $614 | $3,311 | $3,119 |
| Property tax as a share of value | 1.12% | 1.30% | 0.94% |
| Median household income | $57,500 | $77,971 | $80,734 |
| Homes lived in by their owners | 94% | 69% | 65% |
| Owner homes with a mortgage | 61% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $990 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 19.4% | 21.0% |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1938 | 1965 | 1980 |
| Vacant homes | 12.9% | 9.2% | 10.1% |
| Population | 185 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Timblin
At this week's average 30-year rate of 7.11%, buying the median Timblin home of $55,000 with 20% down costs about $370 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $462, 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 $15,867 for the 20%-down payment. That payment is 8% of the median Timblin household income of $57,500; at that income and 20% down, the 28% guideline points to a home of about $199,000.
| Down payment | $11,000 |
|---|---|
| Loan amount | $44,000 |
| Principal and interest | $296 |
| Property taxes (1.12% a year) | $51 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| PMI | $0 |
| Total per month | $370 |
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| Down payment | $1,925 |
|---|---|
| Loan amount | $54,004 |
| Principal and interest | $363 |
| Property taxes (1.12% a year) | $51 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| FHA mortgage insurance | $24 |
| Total per month | $462 |
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Questions about home buying in Timblin
What is the median home value in Timblin?
About $55,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Timblin?
Homeowners pay a median $614 a year, which is about 1.12% 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 Timblin?
For the median home with 20% down at 7.11%, the payment is about $370 a month. Keeping that under 28% of gross income takes about $15,867 a year.
More about Timblin
- Mortgage Refinance in Timblin
- Debt Relief in Timblin
- Home Equity Loans in Timblin
- 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