Income needed to buy a home
Wayne County, PA
$106,229
a year in household income to buy the typical Wayne County home with 10% down.
The monthly math
Typical home value$308,880
Down payment (10%)$30,888
Loan$277,992
Principal and interest (7.40%)$1,925/mo
Property tax (1.1% a year)$284/mo
Homeowners insurance (estimate)$154/mo
Mortgage insurance$116/mo
Total monthly cost$2,479/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Far off
The typical household here earns $62,381 a year, 59% of what it takes.
In Pennsylvania
Wayne County ranks #51 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 |
| McKean County | $112,351 | $38,744 |
| Cambria County | $112,455 | $39,045 |
| Jefferson County | $122,710 | $41,085 |
| Forest County | $135,032 | $45,114 |
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.