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Property Tax Calculator for Erie, PA

Updated 2026 ยท Local data pre-filled

๐Ÿ“ Customized for Erie, Pennsylvania

Property taxes in Erie run approximately 1.50% of assessed value. On the median home of $160,000, that's roughly $2,400/year ($200/mo). This is above the national average rate of 1.10%.

Median Home
$160k
Median Rent
$850/mo
Median Income
$51k/yr
Property Tax
1.50%
Cost of Living
84 / 100 avg

โœ“ Calculator below is pre-filled with Erie local data

How Erie Compares to the National Average

Understanding how Erie stacks up helps you calibrate your financial planning.

MetricErie, PAUS AverageDifference
Median Home Price$160,000$420,800-62.0%
Median Monthly Rent$850$1,713-50.4%
Median Household Income$51,400$74,580-31.1%
Property Tax Rate1.50%1.10%+36.4%
Cost of Living Index84100-16.0%

Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024โ€“2025). Green = favorable for residents; red = less favorable.

Erie Financial Snapshot

Population (Metro)
270,000
Unemployment
5.0%
Avg Commute
21 min
Median Age
38.6
Price-to-Rent Ratio
15.7x
Annual Property Tax
$2,400

Frequently Asked Questions โ€” Erie

What is the median home price in Erie, PA?

The median home price in Erie is $160,000 as of 2025โ€“2026. This is below the national median of $420,800.

What is the average rent in Erie?

Median monthly rent in Erie is $850. That works out to $10,200/year, or 20% of the median household income โ€” within the commonly recommended 30% of income guideline.

Is Erie affordable?

Erie's cost of living index is 84 vs. the national average of 100. With a median household income of $51,400/year and a median home price of $160,000, the price-to-income ratio is 3.1x. Erie remains relatively affordable compared to many US metros.

What is the property tax rate in Erie?

The effective property tax rate in Erie is 1.50% of assessed value. On the median home of $160,000, that's roughly $2,400/year ($200/month).