The typical owner-occupied home in West Newton is worth about $131,200, 48% below the Pennsylvania median of $254,500 and 61% below the national median of $332,700. Owners pay a median $1,417 a year in property taxes, about 1.08% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $52,961 a year, so the median home costs 2.5 times the median income (3.3 times for Pennsylvania). 76% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
West Newton at a glance
| West Newton | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $131,200 | $254,500 | $332,700 |
| Median property tax paid per year | $1,417 | $3,311 | $3,119 |
| Property tax as a share of value | 1.08% | 1.30% | 0.94% |
| Median household income | $52,961 | $77,971 | $80,734 |
| Homes lived in by their owners | 76% | 69% | 65% |
| Owner homes with a mortgage | 64% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,030 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 19.4% | 21.0% |
| Median rent | $636 | $1,209 | $1,413 |
| Rent as a share of renters' income | 22.1% | 29.2% | 30.6% |
| Median year homes were built | 1948 | 1965 | 1980 |
| Vacant homes | 10.6% | 9.2% | 10.1% |
| Population | 2,621 | 13,018,639 | 334,922,499 |
What a typical home costs per month in West Newton
At this week's average 30-year rate of 7.11%, buying the median West Newton home of $131,200 with 20% down costs about $879 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,097, 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 $37,664 for the 20%-down payment. That payment is 20% of the median West Newton household income of $52,961; at that income and 20% down, the 28% guideline points to a home of about $184,000.
The median rent here is $636 a month, so owning the median home costs about $243 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $26,240 |
|---|---|
| Loan amount | $104,960 |
| Principal and interest | $706 |
| Property taxes (1.08% a year) | $118 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| PMI | $0 |
| Total per month | $879 |
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| Down payment | $4,592 |
|---|---|
| Loan amount | $128,824 |
| Principal and interest | $867 |
| Property taxes (1.08% a year) | $118 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| FHA mortgage insurance | $58 |
| Total per month | $1,097 |
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Questions about home buying in West Newton
What is the median home value in West Newton?
About $131,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in West Newton?
Homeowners pay a median $1,417 a year, which is about 1.08% 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 West Newton?
For the median home with 20% down at 7.11%, the payment is about $879 a month. Keeping that under 28% of gross income takes about $37,664 a year.
More about West Newton
- Mortgage Refinance in West Newton
- Debt Relief in West Newton
- Home Equity Loans in West Newton
- 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