The typical owner-occupied home in East Petersburg is worth about $259,300, about the same as the Pennsylvania median of $254,500 and 22% below the national median of $332,700. Owners pay a median $3,577 a year in property taxes, about 1.38% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $91,930 a year, so the median home costs 2.8 times the median income (3.3 times for Pennsylvania). 92% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
East Petersburg at a glance
| East Petersburg | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $259,300 | $254,500 | $332,700 |
| Median property tax paid per year | $3,577 | $3,311 | $3,119 |
| Property tax as a share of value | 1.38% | 1.30% | 0.94% |
| Median household income | $91,930 | $77,971 | $80,734 |
| Homes lived in by their owners | 92% | 69% | 65% |
| Owner homes with a mortgage | 70% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,694 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 19.7% | 19.4% | 21.0% |
| Median rent | $1,341 | $1,209 | $1,413 |
| Rent as a share of renters' income | 19.3% | 29.2% | 30.6% |
| Median year homes were built | 1964 | 1965 | 1980 |
| Vacant homes | 0.8% | 9.2% | 10.1% |
| Population | 4,591 | 13,018,639 | 334,922,499 |
What a typical home costs per month in East Petersburg
At this week's average 30-year rate of 7.11%, buying the median East Petersburg home of $259,300 with 20% down costs about $1,802 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,234, 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 $77,216 for the 20%-down payment. That payment is 24% of the median East Petersburg household income of $91,930; at that income and 20% down, the 28% guideline points to a home of about $309,000.
The median rent here is $1,341 a month, so owning the median home costs about $461 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $51,860 |
|---|---|
| Loan amount | $207,440 |
| Principal and interest | $1,395 |
| Property taxes (1.38% a year) | $298 |
| Homeowners insurance (our estimate, 0.5% a year) | $108 |
| PMI | $0 |
| Total per month | $1,802 |
Change the numbers in the calculator
| Down payment | $9,076 |
|---|---|
| Loan amount | $254,603 |
| Principal and interest | $1,713 |
| Property taxes (1.38% a year) | $298 |
| Homeowners insurance (our estimate, 0.5% a year) | $108 |
| FHA mortgage insurance | $115 |
| Total per month | $2,234 |
Change the numbers in the calculator
Questions about home buying in East Petersburg
What is the median home value in East Petersburg?
About $259,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in East Petersburg?
Homeowners pay a median $3,577 a year, which is about 1.38% 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 East Petersburg?
For the median home with 20% down at 7.11%, the payment is about $1,802 a month. Keeping that under 28% of gross income takes about $77,216 a year.
More about East Petersburg
- Mortgage Refinance in East Petersburg
- Debt Relief in East Petersburg
- Home Equity Loans in East Petersburg
- 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