The typical owner-occupied home in Kelayres is worth about $118,000, 54% below the Pennsylvania median of $254,500 and 65% below the national median of $332,700. Owners pay a median $1,148 a year in property taxes, about 0.97% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $49,539 a year, so the median home costs 2.4 times the median income (3.3 times for Pennsylvania). 83% of occupied homes here are lived in by their owners, and 79% of those owners still have a mortgage.
Kelayres at a glance
| Kelayres | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $118,000 | $254,500 | $332,700 |
| Median property tax paid per year | $1,148 | $3,311 | $3,119 |
| Property tax as a share of value | 0.97% | 1.30% | 0.94% |
| Median household income | $49,539 | $77,971 | $80,734 |
| Homes lived in by their owners | 83% | 69% | 65% |
| Owner homes with a mortgage | 79% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,150 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 19.4% | 19.4% | 21.0% |
| Median rent | $821 | $1,209 | $1,413 |
| Rent as a share of renters' income | 51.0% | 29.2% | 30.6% |
| Median year homes were built | 1938 | 1965 | 1980 |
| Vacant homes | 5.7% | 9.2% | 10.1% |
| Population | 413 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Kelayres
At this week's average 30-year rate of 7.11%, buying the median Kelayres home of $118,000 with 20% down costs about $780 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $976, 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 $33,411 for the 20%-down payment. That payment is 19% of the median Kelayres household income of $49,539; at that income and 20% down, the 28% guideline points to a home of about $175,000.
The median rent here is $821 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $23,600 |
|---|---|
| Loan amount | $94,400 |
| Principal and interest | $635 |
| Property taxes (0.97% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $780 |
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| Down payment | $4,130 |
|---|---|
| Loan amount | $115,863 |
| Principal and interest | $779 |
| Property taxes (0.97% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $976 |
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Questions about home buying in Kelayres
What is the median home value in Kelayres?
About $118,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kelayres?
Homeowners pay a median $1,148 a year, which is about 0.97% 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 Kelayres?
For the median home with 20% down at 7.11%, the payment is about $780 a month. Keeping that under 28% of gross income takes about $33,411 a year.
More about Kelayres
- Mortgage Refinance in Kelayres
- Debt Relief in Kelayres
- Home Equity Loans in Kelayres
- 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