The typical owner-occupied home in Lycoming County is worth about $202,200, 21% below the Pennsylvania median of $254,500 and 39% below the national median of $332,700. Owners pay a median $2,649 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 $63,917 a year, so the median home costs 3.2 times the median income (3.3 times for Pennsylvania). 69% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Lycoming County at a glance
| Lycoming County | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $202,200 | $254,500 | $332,700 |
| Median property tax paid per year | $2,649 | $3,311 | $3,119 |
| Property tax as a share of value | 1.31% | 1.30% | 0.94% |
| Median household income | $63,917 | $77,971 | $80,734 |
| Homes lived in by their owners | 69% | 69% | 65% |
| Owner homes with a mortgage | 57% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,504 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 19.4% | 21.0% |
| Median rent | $913 | $1,209 | $1,413 |
| Rent as a share of renters' income | 29.1% | 29.2% | 30.6% |
| Median year homes were built | 1963 | 1965 | 1980 |
| Vacant homes | 11.1% | 9.2% | 10.1% |
| Population | 113,489 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Lycoming County
At this week's average 30-year rate of 7.11%, buying the median Lycoming County home of $202,200 with 20% down costs about $1,393 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,730, 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 $59,707 for the 20%-down payment. That payment is 26% of the median Lycoming County household income of $63,917; at that income and 20% down, the 28% guideline points to a home of about $216,000.
The median rent here is $913 a month, so owning the median home costs about $480 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $40,440 |
|---|---|
| Loan amount | $161,760 |
| Principal and interest | $1,088 |
| Property taxes (1.31% a year) | $221 |
| Homeowners insurance (our estimate, 0.5% a year) | $84 |
| PMI | $0 |
| Total per month | $1,393 |
Change the numbers in the calculator
| Down payment | $7,077 |
|---|---|
| Loan amount | $198,538 |
| Principal and interest | $1,336 |
| Property taxes (1.31% a year) | $221 |
| Homeowners insurance (our estimate, 0.5% a year) | $84 |
| FHA mortgage insurance | $89 |
| Total per month | $1,730 |
Change the numbers in the calculator
Questions about home buying in Lycoming County
What is the median home value in Lycoming County?
About $202,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lycoming County?
Homeowners pay a median $2,649 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 Lycoming County?
For the median home with 20% down at 7.11%, the payment is about $1,393 a month. Keeping that under 28% of gross income takes about $59,707 a year.
More about Lycoming County
- Mortgage Refinance in Lycoming County
- Debt Relief in Lycoming County
- Home Equity Loans in Lycoming County
- 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