Total monthly cost of ownership
Cost to Own a Home in Edgewood, Pennsylvania
A $85,000 home here costs
$875per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $437. The real number is $438 higher every month — 100% 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.
Edgewood against Northumberland County and Pennsylvania
| Measure | Edgewood | Northumberland County |
|---|---|---|
| Median home value | $85,300 | $151,600 |
| Median property tax | $928 | $1,778 |
| Effective tax rate | 1.088% | 1.173% |
| Median gross rent | $671 | $777 |
| Population | 2,202 | 90,925 |
The weather behind that power bill
Edgewood sits in Northumberland County, which averages a high of 84.4°F in its hottest month and a low of 18.9°F in its coldest, with 43.69" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 669 cooling and 6,007 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Northumberland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Northumberland County
Full Northumberland County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Edgewood?
A $85,000 home in Edgewood, Pennsylvania costs approximately $875 per month with 20% down at 6.66%. That is $437 principal and interest, $77 property tax, $28 homeowners insurance, $262 utilities and $71 set aside for maintenance.
What is the property tax rate in Edgewood?
Edgewood has an effective property tax rate of 1.088%, based on a median home value of $85,300 and median real estate taxes of $928. That is lower than the Northumberland County average of 1.173%.
What is the average home price in Edgewood?
The median owner-occupied home value in Edgewood, Pennsylvania is $85,300, against $151,600 across Northumberland County.
Is it cheaper to rent or buy in Edgewood?
Median gross rent in Edgewood is $671 a month, against $875 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 Edgewood — 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.