How much house can I afford on $40,000 in Pennsylvania?
About $137,000 with 20% down ($110,000 with an FHA loan), using Pennsylvania's 1.12% property tax rate.
That is $150,200 less than the typical Pennsylvania home ($287,078), so on $40,000 you'd look at cheaper areas or a smaller home. The payment of $933 covers $737 principal and interest, $128 property tax and $68 insurance.
Counties in Pennsylvania you can afford on $40,000
6 of 67 counties have a typical home value at or below $137,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Forest County | $130,593 | +7.2% | 0.99% |
| Venango County | $127,794 | -0.4% | 1.27% |
| Cambria County | $124,304 | +3.5% | 1.23% |
| Jefferson County | $121,510 | -0.7% | 1% |
| McKean County | $109,724 | -3.2% | 1.59% |
| Cameron County | $109,199 | -7.9% | 1.59% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 1.12% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Pennsylvania
Frequently asked questions
How much house can I afford on $40,000 in Pennsylvania?
About $137,000 with 20% down at 7.11%, keeping the payment (with Pennsylvania's 1.12% property tax and insurance) under $933 a month.
Is $40,000 enough to buy a house in Pennsylvania?
Not the typical home: the typical Pennsylvania home is worth $287,078 (Zillow, September 2026) and $40,000 supports about $137,000. 6 of 67 counties are within budget.