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Home equity loans in Bryn Mawr, Pennsylvania

The typical owner-occupied home in Bryn Mawr is worth about $453,400, 78% above the Pennsylvania median of $254,500 and 36% above the national median of $332,700. Owners pay a median $5,205 a year in property taxes, about 1.15% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $92,961 a year, so the median home costs 4.9 times the median income (3.3 times for Pennsylvania). 46% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.

Bryn Mawr at a glance

Bryn Mawr Pennsylvania U.S.
Median home value $453,400 $254,500 $332,700
Median property tax paid per year $5,205 $3,311 $3,119
Property tax as a share of value 1.15% 1.30% 0.94%
Median household income $92,961 $77,971 $80,734
Homes lived in by their owners 46% 69% 65%
Owner homes with a mortgage 71% 58% 61%
Median monthly costs, owners with a mortgage $2,381 $1,762 $1,963
Those costs as a share of the owners' income 18.0% 19.4% 21.0%
Median rent $2,173 $1,209 $1,413
Rent as a share of renters' income 34.9% 29.2% 30.6%
Median year homes were built 1953 1965 1980
Vacant homes 12.1% 9.2% 10.1%
Population 5,880 13,018,639 334,922,499

How much equity Bryn Mawr owners could borrow

Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Bryn Mawr home of $453,400, 80% is $362,720.

29% of Bryn Mawr owners have no mortgage at all, so they could borrow up to the full 80% limit.

Owners with a mortgage here already spend a median $2,381 a month on housing, so a new payment should fit next to that. At the median income of $92,961, lenders typically cap all debt payments at about 43% of gross income, or $3,331 a month.

If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.

Borrowing limit on a $453,400 home (80% to 85% of value)
Owe nothing$362,720 to $385,390
Owe $113,350$249,370 to $272,040
Owe $226,700$136,020 to $158,690
Owe $294,710$68,010 to $90,680

Before the lender's own limits, fees and your credit and income checks.

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Questions about home equity loans in Bryn Mawr

What is the median home value in Bryn Mawr?

About $453,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Bryn Mawr?

Homeowners pay a median $5,205 a year, which is about 1.15% of the median home value. Your bill depends on your home's assessed value and local rates.

How much can I borrow against my home in Bryn Mawr?

Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $453,400, an 80% limit is $362,720 before subtracting your mortgage.

More about Bryn Mawr

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