The typical owner-occupied home in Irwin is worth about $195,500, 23% below the Pennsylvania median of $254,500 and 41% below the national median of $332,700. Owners pay a median $1,808 a year in property taxes, about 0.92% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $59,963 a year, so the median home costs 3.3 times the median income (3.3 times for Pennsylvania). 43% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Irwin at a glance
| Irwin | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $195,500 | $254,500 | $332,700 |
| Median property tax paid per year | $1,808 | $3,311 | $3,119 |
| Property tax as a share of value | 0.92% | 1.30% | 0.94% |
| Median household income | $59,963 | $77,971 | $80,734 |
| Homes lived in by their owners | 43% | 69% | 65% |
| Owner homes with a mortgage | 58% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,402 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 15.1% | 19.4% | 21.0% |
| Median rent | $1,002 | $1,209 | $1,413 |
| Rent as a share of renters' income | 25.0% | 29.2% | 30.6% |
| Median year homes were built | 1954 | 1965 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 3,831 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Irwin
At this week's average 30-year rate of 7.11%, buying the median Irwin home of $195,500 with 20% down costs about $1,283 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,609, 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 $55,005 for the 20%-down payment. That payment is 26% of the median Irwin household income of $59,963; at that income and 20% down, the 28% guideline points to a home of about $213,000.
The median rent here is $1,002 a month, so owning the median home costs about $281 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $39,100 |
|---|---|
| Loan amount | $156,400 |
| Principal and interest | $1,052 |
| Property taxes (0.92% a year) | $150 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| PMI | $0 |
| Total per month | $1,283 |
Change the numbers in the calculator
| Down payment | $6,842 |
|---|---|
| Loan amount | $191,959 |
| Principal and interest | $1,291 |
| Property taxes (0.92% a year) | $150 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| FHA mortgage insurance | $86 |
| Total per month | $1,609 |
Change the numbers in the calculator
Questions about home buying in Irwin
What is the median home value in Irwin?
About $195,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Irwin?
Homeowners pay a median $1,808 a year, which is about 0.92% 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 Irwin?
For the median home with 20% down at 7.11%, the payment is about $1,283 a month. Keeping that under 28% of gross income takes about $55,005 a year.
More about Irwin
- Mortgage Refinance in Irwin
- Debt Relief in Irwin
- Home Equity Loans in Irwin
- 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