Total monthly cost of ownership
Cost to Own a Home in Black Lick, Pennsylvania
A $81,000 home here costs
$897per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $416. The real number is $481 higher every month — 115% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Black Lick against Indiana County and Pennsylvania
| Measure | Black Lick | Indiana County |
|---|---|---|
| Median home value | $80,600 | $145,400 |
| Median property tax | $1,487 | $2,271 |
| Effective tax rate | 1.845% | 1.562% |
| Median gross rent | $423 | $786 |
| Population | 1,008 | 83,213 |
The weather behind that power bill
Black Lick sits in Indiana County, which averages a high of 82.5°F in its hottest month and a low of 17.6°F in its coldest, with 47.86" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 528 cooling and 6,146 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Indiana County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Indiana County
Full Indiana County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Black Lick?
A $81,000 home in Black Lick, Pennsylvania costs approximately $897 per month with 20% down at 6.66%. That is $416 principal and interest, $125 property tax, $27 homeowners insurance, $262 utilities and $68 set aside for maintenance.
What is the property tax rate in Black Lick?
Black Lick has an effective property tax rate of 1.845%, based on a median home value of $80,600 and median real estate taxes of $1,487. That is higher than the Indiana County average of 1.562%.
What is the average home price in Black Lick?
The median owner-occupied home value in Black Lick, Pennsylvania is $80,600, against $145,400 across Indiana County.
Is it cheaper to rent or buy in Black Lick?
Median gross rent in Black Lick is $423 a month, against $897 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Black Lick — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Pennsylvania.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.