Hermitage, PA

Very Low · 61

Pennsylvania · Population 16,132 · Updated March 2026

$874
Median Rent / Month
$72,464
Median Income
$187,600
Median Home Value
$904
Owner Costs / Month

Affordability

How far your income goes in Hermitage

14.5%
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

$10,488
Annual Rent
$2,225
State Income Tax
$2,795
Property Tax (est.)

Cost of Living Overview

Hermitage is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 61 (where 100 equals the national median), Hermitage residents can expect to pay median rent of $874/month while earning a median household income of $72,464/year.

The median home value in Hermitage, PA is $187,600, with typical monthly owner costs around $904 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.5% 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 Hermitage.

Frequently Asked Questions

Common questions about living costs in Hermitage

What is the cost of living in Hermitage, PA?
The cost of living index in Hermitage, PA is 61 (US average = 100). Median monthly rent is $874, median household income is $72,464/year, and the median home value is $187,600.
Is Hermitage, PA affordable?
Yes, Hermitage is more affordable than the national average with a cost index of 61. The rent-to-income ratio is 14.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hermitage, PA?
The median gross rent in Hermitage, PA is $874 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,488.
What is the median household income in Hermitage?
The median household income in Hermitage, PA is $72,464 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%.