Total monthly cost of ownership
Cost to Own a Home in Canton, Pennsylvania
A $121,000 home here costs
$1,141per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $622. The real number is $519 higher every month — 83% 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.
Canton against Bradford County and Pennsylvania
| Measure | Canton | Bradford County |
|---|---|---|
| Median home value | $120,900 | $182,300 |
| Median property tax | $1,385 | $2,110 |
| Effective tax rate | 1.146% | 1.157% |
| Median gross rent | $674 | $868 |
| Population | 1,717 | 59,971 |
The weather behind that power bill
Canton sits in Bradford County, which averages a high of 83.7°F in its hottest month and a low of 17.1°F in its coldest, with 38.62" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 594 cooling and 6,359 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Bradford County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bradford County
Full Bradford County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Canton?
A $121,000 home in Canton, Pennsylvania costs approximately $1,141 per month with 20% down at 6.66%. That is $622 principal and interest, $116 property tax, $40 homeowners insurance, $262 utilities and $101 set aside for maintenance.
What is the property tax rate in Canton?
Canton has an effective property tax rate of 1.146%, based on a median home value of $120,900 and median real estate taxes of $1,385. That is lower than the Bradford County average of 1.157%.
What is the average home price in Canton?
The median owner-occupied home value in Canton, Pennsylvania is $120,900, against $182,300 across Bradford County.
Is it cheaper to rent or buy in Canton?
Median gross rent in Canton is $674 a month, against $1,141 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 Canton — 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.