Broomall, PA

Very High · 131

Pennsylvania · Population 10,684 · Updated March 2026

$1,784
Median Rent / Month
$114,844
Median Income
$452,300
Median Home Value
$1,744
Owner Costs / Month

Affordability

How far your income goes in Broomall

18.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Pennsylvania

State-level tax rates that affect your costs

3.07%
Income Tax (Top Rate)
6.0%
Sales Tax
1.49%
Property Tax Rate

Estimated Annual Costs

$21,408
Annual Rent
$3,526
State Income Tax
$6,739
Property Tax (est.)

Cost of Living Overview

Broomall has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 131 (where 100 equals the national median), Broomall residents can expect to pay median rent of $1,784/month while earning a median household income of $114,844/year.

The median home value in Broomall, PA is $452,300, with typical monthly owner costs around $1,744 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Pennsylvania has a moderate income tax rate of 3.07%. Combined with a 6.0% sales tax rate and 1.49% effective property tax rate, the overall tax environment is a factor in the total cost of living in Broomall.

Frequently Asked Questions

Common questions about living costs in Broomall

What is the cost of living in Broomall, PA?
The cost of living index in Broomall, PA is 131 (US average = 100). Median monthly rent is $1,784, median household income is $114,844/year, and the median home value is $452,300.
Is Broomall, PA affordable?
No, Broomall is more expensive than the national average with a cost index of 131. The rent-to-income ratio is 18.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Broomall, PA?
The median gross rent in Broomall, PA is $1,784 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,408.
What is the median household income in Broomall?
The median household income in Broomall, PA is $114,844 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Pennsylvania?
Pennsylvania has a top income tax rate of 3.07%, a sales tax of 6.0%, and an effective property tax rate of 1.49%.