Total monthly cost of ownership
Cost to Own a Home in Burnham, Pennsylvania
A $131,000 home here costs
$1,242per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $673. The real number is $568 higher every month — 84% 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.
Burnham against Mifflin County and Pennsylvania
| Measure | Burnham | Mifflin County |
|---|---|---|
| Median home value | $130,800 | $142,900 |
| Median property tax | $1,843 | $2,227 |
| Effective tax rate | 1.409% | 1.558% |
| Median gross rent | $743 | $792 |
| Population | 1,735 | 46,074 |
The weather behind that power bill
Burnham sits in Mifflin County, which averages a high of 85.3°F in its hottest month and a low of 21.0°F in its coldest, with 42.14" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 832 cooling and 5,570 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Mifflin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mifflin County
Full Mifflin County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Burnham?
A $131,000 home in Burnham, Pennsylvania costs approximately $1,242 per month with 20% down at 6.66%. That is $673 principal and interest, $154 property tax, $44 homeowners insurance, $262 utilities and $109 set aside for maintenance.
What is the property tax rate in Burnham?
Burnham has an effective property tax rate of 1.409%, based on a median home value of $130,800 and median real estate taxes of $1,843. That is lower than the Mifflin County average of 1.558%.
What is the average home price in Burnham?
The median owner-occupied home value in Burnham, Pennsylvania is $130,800, against $142,900 across Mifflin County.
Is it cheaper to rent or buy in Burnham?
Median gross rent in Burnham is $743 a month, against $1,242 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 Burnham — 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.