How much do homeowners pay a month in Prospect Park, PA?

Homeowners with a mortgage in Prospect Park, PA pay a median of $1,908 (±$91) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $801 (±$198).

49.1% of owned homes carry a mortgage.

In Prospect Park, the median monthly cost with a mortgage went from $1,726 in 2015–2019 to $1,908 in 2020–2024 (+10.5%).

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
$1,908 (±$91)
Without a mortgage
$801 (±$198)
Owned with a mortgage
49.1%

Monthly owner costs in Prospect Park

Median selected monthly owner costs, estimate (90% margin of error)
Prospect ParkDelaware CountyPennsylvaniaUnited States
With a mortgage$1,908 (±$91)$2,222 (±$26)$1,762 (±$6)$1,963
Without a mortgage$801 (±$198)$884 (±$15)$644 (±$3)$638
Owned homes with a mortgage49.1% (±13.8 points)63.1% (±0.9 points)58.0% (±0.2 points)60.6%
Median real estate taxes (a year)$5,341 (±$848)$6,124 (±$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 Prospect Park, the median cost with a mortgage is lower than in Delaware County ($2,222).

It is also higher than in Pennsylvania ($1,762).

It is not measurably different from the national figure ($1,963).

In Delaware County, Prospect Park ranks 28 of 49 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 429 of 2,539.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Prospect Park have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,726 (±$154)$1,908 (±$91)+10.5%Down after inflation
Median real estate taxes$4,492 (±$385)$5,341 (±$848)+18.9%No measurable change after inflation
Median home value$191,700 (±$13,185)$244,600 (±$19,650)+27.6%No measurable change 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 Prospect Park

Nearest places with a published estimate, compared with Prospect Park
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Prospect Park—$1,908 (±$91)—
Norwood0.6 mi$1,960 (±$169)Not measurably different
Ridley Township1.0 mi$2,013 (±$80)Not measurably different
Ridley Park1.1 mi$2,128 (±$162)Higher
Folsom1.2 mi$2,075 (±$108)Higher
Glenolden1.2 mi$1,990 (±$173)Not measurably different
Rutledge1.5 mi$2,700 (±$268)Higher
Folcroft1.7 mi$1,591 (±$65)Lower
Morton2.0 mi$2,021 (±$338)Not measurably different

Nearby places with a measurably lower figure: Folcroft, PA ($1,591).

Nearby places with a measurably higher figure: Ridley Park, PA ($2,128), Folsom, PA ($2,075), Rutledge, PA ($2,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Delaware County, place by place

RankPlaceMedian monthly cost with a mortgage
22Ridley Township$2,013 (±$80)
23Glenolden$1,990 (±$173)
24Norwood$1,960 (±$169)
25Aldan$1,958 (±$148)
26Upper Chichester Township$1,934 (±$63)
27East Lansdowne$1,919 (±$211)
28Prospect Park$1,908 (±$91)
29Brookhaven$1,887 (±$163)
30Lansdowne$1,879 (±$119)
31 (tie)Millbourne$1,846 (±$546)
31 (tie)Upper Darby Township$1,846 (±$48)
33Yeadon$1,813 (±$383)
34Parkside$1,710 (±$124)

Showing 13 of 49 places in Delaware 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 Prospect Park

What is the average mortgage payment in Prospect Park?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Prospect Park, PA is $1,908 (±$91) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Prospect Park?

Owners without a mortgage in Prospect Park pay a median of $801 (±$198) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Prospect Park gone up?

In Prospect Park, the median monthly cost with a mortgage went from $1,726 in 2015–2019 to $1,908 in 2020–2024 (+10.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Sources

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 Prospect Park borough, Pennsylvania (place:62792, 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.

Request a Census API 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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