Home Affordability in 17602
Lancaster, PA — Lancaster County
The median home price in ZIP code 17602 (Lancaster) is $275,000 with a median household income of $50,000. The price-to-income ratio is 5.5x.
Median Home Price
$275,000
Median Income
$50,000
Price-to-Income
5.5x
Est. Affordable Home
$194,000
Property Tax Rate
1.38%
Annual Property Tax
$3,795
Cost of Living
96
Metro Area
Lancaster MSA
Down Payment Scenarios for ZIP 17602
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $8,250 | $266,750 | Yes |
| 5% | $13,750 | $261,250 | Yes |
| 10% | $27,500 | $247,500 | Yes |
| 20% | $55,000 | $220,000 | No |
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