How much do homeowners pay a month in Cornwall, PA?
Homeowners with a mortgage in Cornwall, PA pay a median of $1,682 (±$245) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $855 (±$124).
55.6% of owned homes carry a mortgage.
In Cornwall, the median monthly cost with a mortgage went from $1,447 in 2015–2019 to $1,682 in 2020–2024 (+16.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,682 (±$245)
- Without a mortgage
- $855 (±$124)
- Owned with a mortgage
- 55.6%
Monthly owner costs in Cornwall
| Cornwall | Lebanon County | Pennsylvania | United States | |
|---|---|---|---|---|
| With a mortgage | $1,682 (±$245) | $1,630 (±$35) | $1,762 (±$6) | $1,963 |
| Without a mortgage | $855 (±$124) | $627 (±$19) | $644 (±$3) | $638 |
| Owned homes with a mortgage | 55.6% (±9.6 points) | 57.8% (±1.7 points) | 58.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $4,639 (±$427) | $3,310 (±$78) | $3,311 (±$12) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Cornwall, the median cost with a mortgage is not measurably different from Lebanon County ($1,630).
It is not measurably different from Pennsylvania ($1,762).
It is lower than the national figure ($1,963).
In Lebanon County, Cornwall ranks 14 of 25 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 753 of 2,539.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Cornwall have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,447 (±$97) | $1,682 (±$245) | +16.2% | No measurable change after inflation |
| Median real estate taxes | $3,581 (±$262) | $4,639 (±$427) | +29.5% | No measurable change after inflation |
| Median home value | $220,800 (±$11,884) | $333,700 (±$26,344) | +51.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Cornwall
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Cornwall | — | $1,682 (±$245) | — |
| West Cornwall Township | 2.2 mi | $1,681 (±$454) | Not measurably different |
| Mount Gretna | 3.4 mi | $2,130 (±$146) | Higher |
| South Lebanon Township | 3.4 mi | $1,785 (±$163) | Not measurably different |
| North Cornwall Township | 4.2 mi | $1,677 (±$282) | Not measurably different |
| Lebanon South | 4.6 mi | $1,338 (±$182) | Lower |
| Penryn | 5.0 mi | $1,386 (±$115) | Lower |
| Penn Township (Lancaster County) | 5.4 mi | $1,766 (±$237) | Not measurably different |
| Hebron | 5.4 mi | $1,337 (±$155) | Lower |
Nearby places with a measurably lower figure: Lebanon South, PA ($1,338), Penryn, PA ($1,386), Hebron, PA ($1,337).
Nearby places with a measurably higher figure: Mount Gretna, PA ($2,130).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Lebanon County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | South Lebanon Township | $1,785 (±$163) |
| 9 | East Hanover Township (Lebanon County) | $1,737 (±$264) |
| 10 | Union Township (Lebanon County) | $1,700 (±$128) |
| 11 | Millcreek Township (Lebanon County) | $1,691 (±$180) |
| 12 (tie) | Jonestown | $1,687 (±$174) |
| 12 (tie) | Swatara Township (Lebanon County) | $1,687 (±$147) |
| 14 | Cornwall | $1,682 (±$245) |
| 15 | West Cornwall Township | $1,681 (±$454) |
| 16 | North Cornwall Township | $1,677 (±$282) |
| 17 | Jackson Township (Lebanon County) | $1,617 (±$249) |
| 18 | Palmyra | $1,600 (±$83) |
| 19 | Annville Township | $1,543 (±$120) |
| 20 | North Lebanon Township | $1,495 (±$112) |
Showing 13 of 25 places in Lebanon County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cornwall
What is the average mortgage payment in Cornwall?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Cornwall, PA is $1,682 (±$245) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Cornwall?
Owners without a mortgage in Cornwall pay a median of $855 (±$124) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Cornwall gone up?
In Cornwall, the median monthly cost with a mortgage went from $1,447 in 2015–2019 to $1,682 in 2020–2024 (+16.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cornwall borough, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Cornwall borough, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Cornwall borough, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Cornwall borough, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cornwall borough, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cornwall borough, Pennsylvania (place:16256, in state:42).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cornwall at a glance
- Median rent in Cornwall
- Rent burden in Cornwall
- Renters and owners in Cornwall
- Income and affordability in Cornwall
- Home values in Cornwall
- Property taxes in Cornwall
- Types of homes in Cornwall
- Bedrooms in Cornwall
- Age of homes in Cornwall
- Heating fuel in Cornwall
- Commute and cars in Cornwall
- Crime reported to police in Cornwall
- Population growth in Cornwall
- How long people stay in Cornwall
- Pennsylvania landlord and tenant rules
- Housing across Lebanon County
- Housing data for every place in Pennsylvania