Retirement Savings Calculator for Allentown, PA
Updated 2026 · Local data pre-filled
The median household income in Allentown is $62,000. With a cost of living index of 98, your retirement needs will be lower than average. Planners generally recommend saving 10–15% of income; at Allentown's median income that's $7,440–$9,300 per year.
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How Allentown Compares to the National Average
Understanding how Allentown stacks up helps you calibrate your financial planning.
| Metric | Allentown, PA | US Average | Difference |
|---|---|---|---|
| Median Home Price | $285,000 | $420,800 | -32.3% |
| Median Monthly Rent | $1,200 | $1,713 | -29.9% |
| Median Household Income | $62,000 | $74,580 | -16.9% |
| Property Tax Rate | 1.40% | 1.10% | +27.3% |
| Cost of Living Index | 98 | 100 | -2.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Allentown Financial Snapshot
- Population (Metro)
- 830,000
- Unemployment
- 4.4%
- Avg Commute
- 25 min
- Median Age
- 37.1
- Price-to-Rent Ratio
- 19.8x
- Annual Property Tax
- $3,990
Retirement Savings Calculator in Other Pennsylvania Cities
Frequently Asked Questions — Allentown
What is the median home price in Allentown, PA?
The median home price in Allentown is $285,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Allentown?
Median monthly rent in Allentown is $1,200. That works out to $14,400/year, or 23% of the median household income — within the commonly recommended 30% of income guideline.
Is Allentown affordable?
Allentown's cost of living index is 98 vs. the national average of 100. With a median household income of $62,000/year and a median home price of $285,000, the price-to-income ratio is 4.6x. Allentown falls in the middle of the affordability spectrum for US cities.
What is the property tax rate in Allentown?
The effective property tax rate in Allentown is 1.40% of assessed value. On the median home of $285,000, that's roughly $3,990/year ($333/month).