Total monthly cost of ownership
Cost to Own a Home in Blue Ridge Summit, Pennsylvania
A $284,000 home here costs
$2,266per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,460. The real number is $806 higher every month — 55% 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.
Blue Ridge Summit against Franklin County and Pennsylvania
| Measure | Blue Ridge Summit | Franklin County |
|---|---|---|
| Median home value | $284,100 | $236,300 |
| Median property tax | $2,553 | $2,634 |
| Effective tax rate | 0.899% | 1.115% |
| Median gross rent | $842 | $1,071 |
| Population | 1,016 | 156,626 |
The weather behind that power bill
Blue Ridge Summit sits in Franklin County, which averages a high of 84.9°F in its hottest month and a low of 22.9°F in its coldest, with 43.53" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 925 cooling and 5,302 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Franklin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Full Franklin County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Blue Ridge Summit?
A $284,000 home in Blue Ridge Summit, Pennsylvania costs approximately $2,266 per month with 20% down at 6.66%. That is $1,460 principal and interest, $213 property tax, $95 homeowners insurance, $262 utilities and $237 set aside for maintenance.
What is the property tax rate in Blue Ridge Summit?
Blue Ridge Summit has an effective property tax rate of 0.899%, based on a median home value of $284,100 and median real estate taxes of $2,553. That is lower than the Franklin County average of 1.115%.
What is the average home price in Blue Ridge Summit?
The median owner-occupied home value in Blue Ridge Summit, Pennsylvania is $284,100, against $236,300 across Franklin County.
Is it cheaper to rent or buy in Blue Ridge Summit?
Median gross rent in Blue Ridge Summit is $842 a month, against $2,266 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 Blue Ridge Summit — 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.