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Tax Bracket Calculator for Erie, PA

Updated 2026 ยท Local data pre-filled

๐Ÿ“ Customized for Erie, Pennsylvania

With a median household income of $51,400, most Erie residents fall in the 22% federal bracket. Add your state and local taxes on top for your total effective rate. Understanding your bracket helps you make smarter decisions about Roth vs Traditional IRA contributions, charitable giving, and deductions.

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).