Total monthly cost of ownership
Cost to Own a Home in Factoryville, Pennsylvania
A $188,000 home here costs
$1,710per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $967. The real number is $743 higher every month — 77% 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.
Factoryville against Wyoming County and Pennsylvania
| Measure | Factoryville | Wyoming County |
|---|---|---|
| Median home value | $187,500 | $205,600 |
| Median property tax | $3,138 | $2,763 |
| Effective tax rate | 1.674% | 1.344% |
| Median gross rent | $1,023 | $897 |
| Population | 1,374 | 26,075 |
The weather behind that power bill
Factoryville sits in Wyoming 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 Wyoming County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wyoming County
Full Wyoming County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Factoryville?
A $188,000 home in Factoryville, Pennsylvania costs approximately $1,710 per month with 20% down at 6.66%. That is $967 principal and interest, $262 property tax, $63 homeowners insurance, $262 utilities and $157 set aside for maintenance.
What is the property tax rate in Factoryville?
Factoryville has an effective property tax rate of 1.674%, based on a median home value of $187,500 and median real estate taxes of $3,138. That is higher than the Wyoming County average of 1.344%.
What is the average home price in Factoryville?
The median owner-occupied home value in Factoryville, Pennsylvania is $187,500, against $205,600 across Wyoming County.
Is it cheaper to rent or buy in Factoryville?
Median gross rent in Factoryville is $1,023 a month, against $1,710 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 Factoryville — 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.