The typical owner-occupied home in Plymouth Meeting is worth about $512,500, 2.0 times the Pennsylvania median of $254,500 and 54% above the national median of $332,700. Owners pay a median $4,570 a year in property taxes, about 0.89% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $112,491 a year, so the median home costs 4.6 times the median income (3.3 times for Pennsylvania). 57% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Plymouth Meeting at a glance
| Plymouth Meeting | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $512,500 | $254,500 | $332,700 |
| Median property tax paid per year | $4,570 | $3,311 | $3,119 |
| Property tax as a share of value | 0.89% | 1.30% | 0.94% |
| Median household income | $112,491 | $77,971 | $80,734 |
| Homes lived in by their owners | 57% | 69% | 65% |
| Owner homes with a mortgage | 68% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,668 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.8% | 19.4% | 21.0% |
| Median rent | $1,952 | $1,209 | $1,413 |
| Rent as a share of renters' income | 29.4% | 29.2% | 30.6% |
| Median year homes were built | 1976 | 1965 | 1980 |
| Vacant homes | 3.0% | 9.2% | 10.1% |
| Population | 7,502 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Plymouth Meeting
At this week's average 30-year rate of 7.11%, buying the median Plymouth Meeting home of $512,500 with 20% down costs about $3,352 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,206, 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 $143,646 for the 20%-down payment. That payment is 36% of the median Plymouth Meeting household income of $112,491; at that income and 20% down, the 28% guideline points to a home of about $401,000.
The median rent here is $1,952 a month, so owning the median home costs about $1,400 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $102,500 |
|---|---|
| Loan amount | $410,000 |
| Principal and interest | $2,758 |
| Property taxes (0.89% a year) | $380 |
| Homeowners insurance (our estimate, 0.5% a year) | $214 |
| PMI | $0 |
| Total per month | $3,352 |
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| Down payment | $17,938 |
|---|---|
| Loan amount | $503,217 |
| Principal and interest | $3,385 |
| Property taxes (0.89% a year) | $380 |
| Homeowners insurance (our estimate, 0.5% a year) | $214 |
| FHA mortgage insurance | $227 |
| Total per month | $4,206 |
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Questions about home buying in Plymouth Meeting
What is the median home value in Plymouth Meeting?
About $512,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Plymouth Meeting?
Homeowners pay a median $4,570 a year, which is about 0.89% 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 Plymouth Meeting?
For the median home with 20% down at 7.11%, the payment is about $3,352 a month. Keeping that under 28% of gross income takes about $143,646 a year.
More about Plymouth Meeting
- Mortgage Refinance in Plymouth Meeting
- Debt Relief in Plymouth Meeting
- Home Equity Loans in Plymouth Meeting
- 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