The typical owner-occupied home in Seneca is worth about $158,800, 38% below the Pennsylvania median of $254,500 and 52% below the national median of $332,700. Owners pay a median $1,619 a year in property taxes, about 1.02% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $63,031 a year, so the median home costs 2.5 times the median income (3.3 times for Pennsylvania). 68% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Seneca at a glance
| Seneca | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $158,800 | $254,500 | $332,700 |
| Median property tax paid per year | $1,619 | $3,311 | $3,119 |
| Property tax as a share of value | 1.02% | 1.30% | 0.94% |
| Median household income | $63,031 | $77,971 | $80,734 |
| Homes lived in by their owners | 68% | 69% | 65% |
| Owner homes with a mortgage | 55% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,230 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 14.7% | 19.4% | 21.0% |
| Median rent | $690 | $1,209 | $1,413 |
| Rent as a share of renters' income | 22.3% | 29.2% | 30.6% |
| Median year homes were built | 1975 | 1965 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 1,439 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Seneca
At this week's average 30-year rate of 7.11%, buying the median Seneca home of $158,800 with 20% down costs about $1,056 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,320, 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 $45,247 for the 20%-down payment. That payment is 20% of the median Seneca household income of $63,031; at that income and 20% down, the 28% guideline points to a home of about $221,000.
The median rent here is $690 a month, so owning the median home costs about $366 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $31,760 |
|---|---|
| Loan amount | $127,040 |
| Principal and interest | $855 |
| Property taxes (1.02% a year) | $135 |
| Homeowners insurance (our estimate, 0.5% a year) | $66 |
| PMI | $0 |
| Total per month | $1,056 |
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| Down payment | $5,558 |
|---|---|
| Loan amount | $155,924 |
| Principal and interest | $1,049 |
| Property taxes (1.02% a year) | $135 |
| Homeowners insurance (our estimate, 0.5% a year) | $66 |
| FHA mortgage insurance | $70 |
| Total per month | $1,320 |
Change the numbers in the calculator
Questions about home buying in Seneca
What is the median home value in Seneca?
About $158,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Seneca?
Homeowners pay a median $1,619 a year, which is about 1.02% 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 Seneca?
For the median home with 20% down at 7.11%, the payment is about $1,056 a month. Keeping that under 28% of gross income takes about $45,247 a year.
More about Seneca
- Mortgage Refinance in Seneca
- Debt Relief in Seneca
- Home Equity Loans in Seneca
- 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