Income needed to buy a home
McKean County, PA
$38,744
a year in household income to buy the typical McKean County home with 10% down.
The monthly math
Typical home value$112,351
Down payment (10%)$11,235
Loan$101,116
Principal and interest (7.40%)$700/mo
Property tax (1.13% a year)$106/mo
Homeowners insurance (estimate)$56/mo
Mortgage insurance$42/mo
Total monthly cost$904/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Comfortable
The typical household here earns $62,905 a year, 62% more than it takes.
In Pennsylvania
McKean County ranks #2 of 67 for the income a home takes, from least to most.
Easiest to afford in Pennsylvania
| County | Typical home | Income needed |
|---|---|---|
| Cameron County | $85,806 | $30,148 |
| Cambria County | $112,455 | $39,045 |
| Jefferson County | $122,710 | $41,085 |
| Forest County | $135,032 | $45,114 |
| Venango County | $131,175 | $45,648 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.