The typical owner-occupied home in Railroad is worth about $239,300, 6% below the Pennsylvania median of $254,500 and 28% below the national median of $332,700. Owners pay a median $3,367 a year in property taxes, about 1.41% of their home's value, higher than the Pennsylvania rate of 1.30%. 38% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Railroad at a glance
| Railroad | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $239,300 | $254,500 | $332,700 |
| Median property tax paid per year | $3,367 | $3,311 | $3,119 |
| Property tax as a share of value | 1.41% | 1.30% | 0.94% |
| Median household income | – | $77,971 | $80,734 |
| Homes lived in by their owners | 38% | 69% | 65% |
| Owner homes with a mortgage | 59% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,792 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 19.4% | 21.0% |
| Median rent | $1,083 | $1,209 | $1,413 |
| Rent as a share of renters' income | 28.1% | 29.2% | 30.6% |
| Median year homes were built | 1938 | 1965 | 1980 |
| Vacant homes | 10.1% | 9.2% | 10.1% |
| Population | 335 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Railroad
At this week's average 30-year rate of 7.11%, buying the median Railroad home of $239,300 with 20% down costs about $1,669 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,067, 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 $71,517 for the 20%-down payment.
The median rent here is $1,083 a month, so owning the median home costs about $586 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $47,860 |
|---|---|
| Loan amount | $191,440 |
| Principal and interest | $1,288 |
| Property taxes (1.41% a year) | $281 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| PMI | $0 |
| Total per month | $1,669 |
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| Down payment | $8,376 |
|---|---|
| Loan amount | $234,966 |
| Principal and interest | $1,581 |
| Property taxes (1.41% a year) | $281 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| FHA mortgage insurance | $106 |
| Total per month | $2,067 |
Change the numbers in the calculator
Questions about home buying in Railroad
What is the median home value in Railroad?
About $239,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Railroad?
Homeowners pay a median $3,367 a year, which is about 1.41% 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 Railroad?
For the median home with 20% down at 7.11%, the payment is about $1,669 a month. Keeping that under 28% of gross income takes about $71,517 a year.
More about Railroad
- Mortgage Refinance in Railroad
- Debt Relief in Railroad
- Home Equity Loans in Railroad
- 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