Total monthly cost of ownership
Cost to Own a Home in Chevy Chase Heights, Pennsylvania
A $135,000 home here costs
$1,358per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $58,000 a year.
A standard mortgage calculator would have told you $736. The real number is $622 higher every month, 85% more than the payment most buyers budget for.
Compare Indiana County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Chevy Chase Heights from a five-year rolling sample, and with about 1,094 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Indiana County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Chevy Chase Heights against Indiana County and Pennsylvania
| Measure | Chevy Chase Heights | Indiana County |
|---|---|---|
| Median home value | $134,800 | $145,400 |
| Median property tax | $2,618 | $2,271 |
| Effective tax rate | 1.942% | 1.562% |
| Median gross rent | $688 | $786 |
| Population | 1,094 | 83,213 |
The weather behind that power bill
Chevy Chase Heights 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 $178 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
Talk to someone who works this market
These are Chevy Chase Heights averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Chevy Chase Heights every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Chevy Chase Heights?
A $135,000 home in Chevy Chase Heights, Pennsylvania costs approximately $1,358 per month with 20% down at 7.24%. That is $736 principal and interest, $218 property tax, $45 homeowners insurance, $246 utilities and $113 set aside for maintenance.
What is the property tax rate in Chevy Chase Heights?
Chevy Chase Heights has an effective property tax rate of 1.942%, based on a median home value of $134,800 and median real estate taxes of $2,618. That is higher than the Indiana County average of 1.562%.
What is the average home price in Chevy Chase Heights?
The median owner-occupied home value in Chevy Chase Heights, Pennsylvania is $134,800, against $145,400 across Indiana County.
Is it cheaper to rent or buy in Chevy Chase Heights?
Median gross rent in Chevy Chase Heights is $688 a month, against $1,358 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Chevy Chase Heights?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Chevy Chase Heights, Pennsylvania at today's rate takes a household income of roughly $58,000 a year. That covers the full $1,358 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Chevy Chase Heights, 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.