Property Tax Calculator for Erie, PA
Updated 2026 ยท Local data pre-filled
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%.
โ 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.
| Metric | Erie, PA | US Average | Difference |
|---|---|---|---|
| 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 Rate | 1.50% | 1.10% | +36.4% |
| Cost of Living Index | 84 | 100 | -16.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024โ2025). 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
Property Tax Calculator in Other Pennsylvania Cities
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 2025โ2026. 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).