How much do homeowners pay a month in Lower Makefield Township, PA?
Homeowners with a mortgage in Lower Makefield Township, PA pay a median of $3,296 (±$119) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,339 (±$59).
62.7% of owned homes carry a mortgage.
In Lower Makefield Township, the median monthly cost with a mortgage went from $2,854 in 2015–2019 to $3,296 in 2020–2024 (+15.5%).
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
- $3,296 (±$119)
- Without a mortgage
- $1,339 (±$59)
- Owned with a mortgage
- 62.7%
Monthly owner costs in Lower Makefield Township
| Lower Makefield Township | Bucks County | Pennsylvania | United States | |
|---|---|---|---|---|
| With a mortgage | $3,296 (±$119) | $2,436 (±$26) | $1,762 (±$6) | $1,963 |
| Without a mortgage | $1,339 (±$59) | $938 (±$15) | $644 (±$3) | $638 |
| Owned homes with a mortgage | 62.7% (±3.8 points) | 64.4% (±0.7 points) | 58.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $9,371 (±$409) | $5,826 (±$63) | $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 Lower Makefield Township, the median cost with a mortgage is higher than in Bucks County ($2,436).
It is also higher than in Pennsylvania ($1,762).
It is higher than the national figure ($1,963).
In Bucks County, Lower Makefield Township ranks 4 of 53 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 26 of 2,539.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Lower Makefield Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,854 (±$83) | $3,296 (±$119) | +15.5% | Down after inflation |
| Median real estate taxes | $7,922 (±$248) | $9,371 (±$409) | +18.3% | No measurable change after inflation |
| Median home value | $465,500 (±$9,458) | $630,200 (±$14,070) | +35.4% | 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 Lower Makefield Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lower Makefield Township | — | $3,296 (±$119) | — |
| Yardley | 1.1 mi | $2,381 (±$623) | Lower |
| Woodbourne | 2.6 mi | $3,218 (±$203) | Not measurably different |
| Ewing Township | 3.7 mi | $2,212 (±$96) | Lower |
| Fairless Hills | 3.7 mi | $2,032 (±$141) | Lower |
| Newtown | 4.1 mi | $3,261 (±$291) | Not measurably different |
| Morrisville | 4.3 mi | $2,123 (±$222) | Lower |
| Newtown Township (Bucks County) | 4.5 mi | $2,504 (±$168) | Lower |
| Middletown Township (Bucks County) | 4.5 mi | $2,398 (±$89) | Lower |
Nearby places with a measurably lower figure: Yardley, PA ($2,381), Ewing Township, NJ ($2,212), Fairless Hills, PA ($2,032).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Bucks County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Upper Makefield Township | $4,000 or more |
| 2 | Solebury Township | $3,628 (±$246) |
| 3 | Buckingham Township (Bucks County) | $3,506 (±$188) |
| 4 | Lower Makefield Township | $3,296 (±$119) |
| 5 | Newtown | $3,261 (±$291) |
| 6 | Ivyland | $3,138 (±$255) |
| 7 | Wrightstown Township | $3,133 (±$421) |
| 8 | Doylestown Township | $3,118 (±$327) |
| 9 | Northampton Township (Bucks County) | $2,959 (±$104) |
| 10 | New Hope | $2,929 (±$514) |
Showing 10 of 53 places in Bucks County, ranked from highest to lowest.
The figures for Lower Makefield Township include the places inside it that have pages of their own: Woodside.
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 Lower Makefield Township
What is the average mortgage payment in Lower Makefield Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lower Makefield Township, PA is $3,296 (±$119) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lower Makefield Township?
Owners without a mortgage in Lower Makefield Township pay a median of $1,339 (±$59) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Lower Makefield Township gone up?
In Lower Makefield Township, the median monthly cost with a mortgage went from $2,854 in 2015–2019 to $3,296 in 2020–2024 (+15.5%).
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 — Lower Makefield township, Bucks County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lower Makefield township, Bucks County, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lower Makefield township, Bucks County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lower Makefield township, Bucks County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lower Makefield township, Bucks County, 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 Lower Makefield township, Bucks County, Pennsylvania (county subdivision:44968, in state:42 county:017).
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 .
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