The typical owner-occupied home in Wynnewood is worth about $882,900, 3.5 times the Pennsylvania median of $254,500 and 2.7 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.13% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $221,705 a year, so the median home costs 4.0 times the median income (3.3 times for Pennsylvania). 65% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Wynnewood at a glance
| Wynnewood | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $882,900 | $254,500 | $332,700 |
| Median property tax paid per year | $10,001 | $3,311 | $3,119 |
| Property tax as a share of value | 1.13% | 1.30% | 0.94% |
| Median household income | $221,705 | $77,971 | $80,734 |
| Homes lived in by their owners | 65% | 69% | 65% |
| Owner homes with a mortgage | 62% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $3,853 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.3% | 19.4% | 21.0% |
| Median rent | $2,038 | $1,209 | $1,413 |
| Rent as a share of renters' income | 23.8% | 29.2% | 30.6% |
| Median year homes were built | 1957 | 1965 | 1980 |
| Vacant homes | 1.9% | 9.2% | 10.1% |
| Population | 2,766 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Wynnewood
At this week's average 30-year rate of 7.11%, buying the median Wynnewood home of $882,900 with 20% down costs about $5,951 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,564, 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 $255,031 for the 20%-down payment. That payment is 32% of the median Wynnewood household income of $221,705; at that income and 20% down, the 28% guideline points to a home of about $768,000.
The median rent here is $2,038 a month, so owning the median home costs about $3,913 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $176,580 |
|---|---|
| Loan amount | $706,320 |
| Principal and interest | $4,751 |
| Property taxes (1.13% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $368 |
| PMI | $0 |
| Total per month | $5,951 |
Change the numbers in the calculator
| Down payment | $30,902 |
|---|---|
| Loan amount | $866,908 |
| Principal and interest | $5,832 |
| Property taxes (1.13% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $368 |
| FHA mortgage insurance | $532 |
| Total per month | $7,564 |
Change the numbers in the calculator
Questions about home buying in Wynnewood
What is the median home value in Wynnewood?
About $882,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wynnewood?
Homeowners pay a median $10,001 a year, which is about 1.13% 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 Wynnewood?
For the median home with 20% down at 7.11%, the payment is about $5,951 a month. Keeping that under 28% of gross income takes about $255,031 a year.
More about Wynnewood
- Mortgage Refinance in Wynnewood
- Debt Relief in Wynnewood
- Home Equity Loans in Wynnewood
- 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