Pros and Cons of Living in Reading

Reading's honest tradeoff is genuinely affordable housing and a real, distinctive downtown culture set against a severely elevated property-tax rate and genuinely elevated citywide poverty and crime figures.

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Real advantages

Reading offers genuinely affordable housing, a real, distinctive downtown (the Pagoda and GoggleWorks Center for the Arts), a diversified manufacturing-and-healthcare economy, Pennsylvania's simple flat state income tax, and one of Pennsylvania's most prominent Hispanic/Latino community identities.

Real tradeoffs

Reading's severely elevated property-tax rate offsets much of its housing-price affordability; its resident local income tax runs genuinely elevated (Act 47-enhanced); and the city's poverty rate (28.68%) and crime rate (safer than only ~15% of PA communities) both run genuinely elevated.

The net read

For affordability-focused buyers who budget honestly for Reading's real tax picture, and for those drawn to the city's distinctive downtown culture and community identity, Reading's advantages are real. For buyers prioritizing the lowest overall carrying cost or crime rate, other Pennsylvania Tier A markets in this project may fit better.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.