How much do homeowners pay a month in King of Prussia, PA?
Homeowners with a mortgage in King of Prussia, PA pay a median of $2,323 (±$98) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $823 (±$43).
61.3% of owned homes carry a mortgage.
In King of Prussia, the median monthly cost with a mortgage went from $2,021 in 2015–2019 to $2,323 in 2020–2024 (+14.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $2,323 (±$98)
- Without a mortgage
- $823 (±$43)
- Owned with a mortgage
- 61.3%
Monthly owner costs in King of Prussia
| King of Prussia | Montgomery County | Pennsylvania | United States | |
|---|---|---|---|---|
| With a mortgage | $2,323 (±$98) | $2,441 (±$22) | $1,762 (±$6) | $1,963 |
| Without a mortgage | $823 (±$43) | $936 (±$12) | $644 (±$3) | $638 |
| Owned homes with a mortgage | 61.3% (±4.9 points) | 66.0% (±0.7 points) | 58.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,951 (±$177) | $5,875 (±$49) | $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 King of Prussia, the median cost with a mortgage is lower than in Montgomery County ($2,441).
It is also higher than in Pennsylvania ($1,762).
It is higher than the national figure ($1,963).
In Montgomery County, King of Prussia ranks 29 of 43 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 69 of 382.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in King of Prussia have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,021 (±$73) | $2,323 (±$98) | +14.9% | Down after inflation |
| Median real estate taxes | $3,387 (±$68) | $3,951 (±$177) | +16.7% | Down after inflation |
| Median home value | $320,800 (±$6,853) | $436,200 (±$14,335) | +36.0% | 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 King of Prussia
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| King of Prussia | — | $2,323 (±$98) | — |
| Bridgeport | 2.0 mi | $1,984 (±$361) | Not measurably different |
| West Norriton Township | 2.4 mi | $1,972 (±$206) | Lower |
| Swedeland | 2.5 mi | $2,176 (±$351) | Not measurably different |
| Norristown | 2.7 mi | $1,758 (±$75) | Lower |
| Audubon | 3.5 mi | $2,718 (±$351) | Higher |
| West Conshohocken | 3.6 mi | $2,085 (±$334) | Not measurably different |
| Trooper | 3.8 mi | $2,487 (±$294) | Not measurably different |
| Wayne | 4.0 mi | $3,868 (±$527) | Higher |
Nearby places with a measurably lower figure: West Norriton Township, PA ($1,972), Norristown, PA ($1,758).
Nearby places with a measurably higher figure: Audubon, PA ($2,718), Wayne, PA ($3,868).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Montgomery County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 23 | Ardmore | $2,503 (±$285) |
| 24 | Trooper | $2,487 (±$294) |
| 25 | Harleysville | $2,416 (±$177) |
| 26 | Glenside | $2,395 (±$166) |
| 27 | Montgomeryville | $2,383 (±$140) |
| 28 | Bryn Mawr | $2,381 (±$225) |
| 29 | King of Prussia | $2,323 (±$98) |
| 30 | Oreland | $2,264 (±$125) |
| 31 | Mont Clare | $2,241 (±$281) |
| 32 | McKinley | $2,181 (±$716) |
| 33 | Swedeland | $2,176 (±$351) |
| 34 | Willow Grove | $2,170 (±$60) |
| 35 | Horsham | $2,156 (±$202) |
Showing 13 of 43 places in Montgomery County, ranked from highest to lowest.
King of Prussia is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Upper Merion Township, whose figures include it.
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 King of Prussia
What is the average mortgage payment in King of Prussia?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in King of Prussia, PA is $2,323 (±$98) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in King of Prussia?
Owners without a mortgage in King of Prussia pay a median of $823 (±$43) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in King of Prussia gone up?
In King of Prussia, the median monthly cost with a mortgage went from $2,021 in 2015–2019 to $2,323 in 2020–2024 (+14.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — King of Prussia CDP, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — King of Prussia CDP, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — King of Prussia CDP, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — King of Prussia CDP, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — King of Prussia CDP, 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 King of Prussia CDP, Pennsylvania (place:39736, 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 King of Prussia at a glance
- Median rent in King of Prussia
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- Rent burden in King of Prussia
- Renters and owners in King of Prussia
- Income and affordability in King of Prussia
- Home values in King of Prussia
- Property taxes in King of Prussia
- Types of homes in King of Prussia
- Bedrooms in King of Prussia
- Age of homes in King of Prussia
- Vacancy rate in King of Prussia
- Heating fuel in King of Prussia
- Commute and cars in King of Prussia
- Population growth in King of Prussia
- How long people stay in King of Prussia
- Crowding and facilities in King of Prussia
- Fair Market Rent in King of Prussia
- Pennsylvania landlord and tenant rules
- Housing across Montgomery County
- Housing data for every place in Pennsylvania