The typical owner-occupied home in New Columbia is worth about $181,900, 29% below the Pennsylvania median of $254,500 and 45% below the national median of $332,700. Owners pay a median $2,312 a year in property taxes, about 1.27% of their home's value, close to the Pennsylvania rate of 1.30%. The median household earns $115,176 a year, so the median home costs 1.6 times the median income (3.3 times for Pennsylvania). 100% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
New Columbia at a glance
| New Columbia | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $181,900 | $254,500 | $332,700 |
| Median property tax paid per year | $2,312 | $3,311 | $3,119 |
| Property tax as a share of value | 1.27% | 1.30% | 0.94% |
| Median household income | $115,176 | $77,971 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 62% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,199 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 13.9% | 19.4% | 21.0% |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1981 | 1965 | 1980 |
| Vacant homes | 4.3% | 9.2% | 10.1% |
| Population | 766 | 13,018,639 | 334,922,499 |
What a typical home costs per month in New Columbia
At this week's average 30-year rate of 7.11%, buying the median New Columbia home of $181,900 with 20% down costs about $1,247 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,550, 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 $53,452 for the 20%-down payment. That payment is 13% of the median New Columbia household income of $115,176; at that income and 20% down, the 28% guideline points to a home of about $392,000.
| Down payment | $36,380 |
|---|---|
| Loan amount | $145,520 |
| Principal and interest | $979 |
| Property taxes (1.27% a year) | $193 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| PMI | $0 |
| Total per month | $1,247 |
Change the numbers in the calculator
| Down payment | $6,366 |
|---|---|
| Loan amount | $178,605 |
| Principal and interest | $1,201 |
| Property taxes (1.27% a year) | $193 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| FHA mortgage insurance | $80 |
| Total per month | $1,550 |
Change the numbers in the calculator
Questions about home buying in New Columbia
What is the median home value in New Columbia?
About $181,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in New Columbia?
Homeowners pay a median $2,312 a year, which is about 1.27% 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 New Columbia?
For the median home with 20% down at 7.11%, the payment is about $1,247 a month. Keeping that under 28% of gross income takes about $53,452 a year.
More about New Columbia
- Mortgage Refinance in New Columbia
- Debt Relief in New Columbia
- Home Equity Loans in New Columbia
- 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