The typical owner-occupied home in Charleroi is worth about $52,800, 79% below the Pennsylvania median of $254,500 and 84% below the national median of $332,700. Owners pay a median $1,086 a year in property taxes, about 2.06% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $43,265 a year, so the median home costs 1.2 times the median income (3.3 times for Pennsylvania). 49% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Charleroi at a glance
| Charleroi | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $52,800 | $254,500 | $332,700 |
| Median property tax paid per year | $1,086 | $3,311 | $3,119 |
| Property tax as a share of value | 2.06% | 1.30% | 0.94% |
| Median household income | $43,265 | $77,971 | $80,734 |
| Homes lived in by their owners | 49% | 69% | 65% |
| Owner homes with a mortgage | 46% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,009 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 19.7% | 19.4% | 21.0% |
| Median rent | $907 | $1,209 | $1,413 |
| Rent as a share of renters' income | 22.7% | 29.2% | 30.6% |
| Median year homes were built | 1938 | 1965 | 1980 |
| Vacant homes | 27.2% | 9.2% | 10.1% |
| Population | 4,202 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Charleroi
At this week's average 30-year rate of 7.11%, buying the median Charleroi home of $52,800 with 20% down costs about $397 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $485, 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 $17,005 for the 20%-down payment. That payment is 11% of the median Charleroi household income of $43,265; at that income and 20% down, the 28% guideline points to a home of about $134,000.
The median rent here is $907 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $10,560 |
|---|---|
| Loan amount | $42,240 |
| Principal and interest | $284 |
| Property taxes (2.06% a year) | $91 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| PMI | $0 |
| Total per month | $397 |
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| Down payment | $1,848 |
|---|---|
| Loan amount | $51,844 |
| Principal and interest | $349 |
| Property taxes (2.06% a year) | $91 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| FHA mortgage insurance | $23 |
| Total per month | $485 |
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Questions about home buying in Charleroi
What is the median home value in Charleroi?
About $52,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Charleroi?
Homeowners pay a median $1,086 a year, which is about 2.06% 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 Charleroi?
For the median home with 20% down at 7.11%, the payment is about $397 a month. Keeping that under 28% of gross income takes about $17,005 a year.
More about Charleroi
- Mortgage Refinance in Charleroi
- Debt Relief in Charleroi
- Home Equity Loans in Charleroi
- 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