Total monthly cost of ownership
Cost to Own a Home in Foster Brook, Pennsylvania
A $109,000 home here costs
$1,128per 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 $48,500 a year.
A standard mortgage calculator would have told you $594. The real number is $533 higher every month, 90% more than the payment most buyers budget for.
Compare McKean County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Foster Brook from a five-year rolling sample, and with about 1,019 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 McKean 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.
Foster Brook against McKean County and Pennsylvania
| Measure | Foster Brook | McKean County |
|---|---|---|
| Median home value | $109,100 | $98,700 |
| Median property tax | $1,923 | $1,615 |
| Effective tax rate | 1.763% | 1.636% |
| Median gross rent | $709 | $769 |
| Population | 1,019 | 40,149 |
The weather behind that power bill
Foster Brook sits in McKean County, which averages a high of 78.6°F in its hottest month and a low of 15.6°F in its coldest, with 41.86" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 282 cooling and 7,224 heating degree days, which is what sets the $178 electricity line above.
See the full climate breakdown for McKean County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in McKean County
Full McKean County cost breakdown · Every county in Pennsylvania
Talk to someone who works this market
These are Foster Brook 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 Foster Brook every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Foster Brook I already own here and may sell
Common questions
How much does it cost to own a home in Foster Brook?
A $109,000 home in Foster Brook, Pennsylvania costs approximately $1,128 per month with 20% down at 7.24%. That is $594 principal and interest, $160 property tax, $36 homeowners insurance, $246 utilities and $91 set aside for maintenance.
What is the property tax rate in Foster Brook?
Foster Brook has an effective property tax rate of 1.763%, based on a median home value of $109,100 and median real estate taxes of $1,923. That is higher than the McKean County average of 1.636%.
What is the average home price in Foster Brook?
The median owner-occupied home value in Foster Brook, Pennsylvania is $109,100, against $98,700 across McKean County.
Is it cheaper to rent or buy in Foster Brook?
Median gross rent in Foster Brook is $709 a month, against $1,128 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 Foster Brook?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Foster Brook, Pennsylvania at today's rate takes a household income of roughly $48,500 a year. That covers the full $1,128 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Foster Brook, 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.