Total monthly cost of ownership
Cost to Own a Home in Ferndale, Pennsylvania
A $82,000 home here costs
$915per 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 $39,000 a year.
A standard mortgage calculator would have told you $447. The real number is $467 higher every month, 105% more than the payment most buyers budget for.
Compare Cambria County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Ferndale from a five-year rolling sample, and with about 1,537 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 Cambria 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.
Ferndale against Cambria County and Pennsylvania
| Measure | Ferndale | Cambria County |
|---|---|---|
| Median home value | $81,600 | $115,900 |
| Median property tax | $1,503 | $1,487 |
| Effective tax rate | 1.842% | 1.283% |
| Median gross rent | $836 | $733 |
| Population | 1,537 | 132,355 |
The weather behind that power bill
Ferndale sits in Cambria County, which averages a high of 78.7°F in its hottest month and a low of 15.9°F in its coldest, with 48.68" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 294 cooling and 6,963 heating degree days, which is what sets the $178 electricity line above.
See the full climate breakdown for Cambria County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cambria County
Full Cambria County cost breakdown · Every county in Pennsylvania
Talk to someone who works this market
These are Ferndale 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 Ferndale every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Ferndale I already own here and may sell
Common questions
How much does it cost to own a home in Ferndale?
A $82,000 home in Ferndale, Pennsylvania costs approximately $915 per month with 20% down at 7.24%. That is $447 principal and interest, $126 property tax, $27 homeowners insurance, $246 utilities and $68 set aside for maintenance.
What is the property tax rate in Ferndale?
Ferndale has an effective property tax rate of 1.842%, based on a median home value of $81,600 and median real estate taxes of $1,503. That is higher than the Cambria County average of 1.283%.
What is the average home price in Ferndale?
The median owner-occupied home value in Ferndale, Pennsylvania is $81,600, against $115,900 across Cambria County.
Is it cheaper to rent or buy in Ferndale?
Median gross rent in Ferndale is $836 a month, against $915 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 Ferndale?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ferndale, Pennsylvania at today's rate takes a household income of roughly $39,000 a year. That covers the full $915 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ferndale, 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.