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Buying a home in Slatington, Pennsylvania

The typical owner-occupied home in Slatington is worth about $191,500, 25% below the Pennsylvania median of $254,500 and 42% below the national median of $332,700. Owners pay a median $3,471 a year in property taxes, about 1.81% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $49,625 a year, so the median home costs 3.9 times the median income (3.3 times for Pennsylvania). 59% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.

Slatington at a glance

Slatington Pennsylvania U.S.
Median home value $191,500 $254,500 $332,700
Median property tax paid per year $3,471 $3,311 $3,119
Property tax as a share of value 1.81% 1.30% 0.94%
Median household income $49,625 $77,971 $80,734
Homes lived in by their owners 59% 69% 65%
Owner homes with a mortgage 64% 58% 61%
Median monthly costs, owners with a mortgage $1,448 $1,762 $1,963
Those costs as a share of the owners' income 31.0% 19.4% 21.0%
Median rent $882 $1,209 $1,413
Rent as a share of renters' income 29.1% 29.2% 30.6%
Median year homes were built 1938 1965 1980
Vacant homes 11.7% 9.2% 10.1%
Population 4,290 13,018,639 334,922,499

What a typical home costs per month in Slatington

At this week's average 30-year rate of 7.11%, buying the median Slatington home of $191,500 with 20% down costs about $1,399 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,718, 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 $59,967 for the 20%-down payment. That payment is 34% of the median Slatington household income of $49,625; at that income and 20% down, the 28% guideline points to a home of about $158,000.

The median rent here is $882 a month, so owning the median home costs about $517 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$38,300
Loan amount$153,200
Principal and interest$1,031
Property taxes (1.81% a year)$289
Homeowners insurance (our estimate, 0.5% a year)$80
PMI$0
Total per month$1,399

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3.5% down, 30-year FHA loan
Down payment$6,702
Loan amount$188,031
Principal and interest$1,265
Property taxes (1.81% a year)$289
Homeowners insurance (our estimate, 0.5% a year)$80
FHA mortgage insurance$85
Total per month$1,718

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Questions about home buying in Slatington

What is the median home value in Slatington?

About $191,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Slatington?

Homeowners pay a median $3,471 a year, which is about 1.81% 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 Slatington?

For the median home with 20% down at 7.11%, the payment is about $1,399 a month. Keeping that under 28% of gross income takes about $59,967 a year.

More about Slatington

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