Total monthly cost of ownership
Cost to Own a Home in Dickson City, Pennsylvania
A $185,000 home here costs
$1,577per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $951. The real number is $626 higher every month — 66% 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.
Dickson City against Lackawanna County and Pennsylvania
| Measure | Dickson City | Lackawanna County |
|---|---|---|
| Median home value | $184,700 | $189,900 |
| Median property tax | $1,775 | $2,910 |
| Effective tax rate | 0.961% | 1.532% |
| Median gross rent | $951 | $973 |
| Population | 6,022 | 215,834 |
The weather behind that power bill
Dickson City sits in Lackawanna County, which averages a high of 84.6°F in its hottest month and a low of 20.3°F in its coldest, with 38.72" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 791 cooling and 5,740 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Lackawanna County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lackawanna County
Full Lackawanna County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Dickson City?
A $185,000 home in Dickson City, Pennsylvania costs approximately $1,577 per month with 20% down at 6.66%. That is $951 principal and interest, $148 property tax, $62 homeowners insurance, $262 utilities and $154 set aside for maintenance.
What is the property tax rate in Dickson City?
Dickson City has an effective property tax rate of 0.961%, based on a median home value of $184,700 and median real estate taxes of $1,775. That is lower than the Lackawanna County average of 1.532%.
What is the average home price in Dickson City?
The median owner-occupied home value in Dickson City, Pennsylvania is $184,700, against $189,900 across Lackawanna County.
Is it cheaper to rent or buy in Dickson City?
Median gross rent in Dickson City is $951 a month, against $1,577 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 Dickson City — 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.