Total monthly cost of ownership
Cost to Own a Home in Hamburg, Pennsylvania
A $183,000 home here costs
$1,705per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $941. The real number is $765 higher every month — 81% 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.
Hamburg against Berks County and Pennsylvania
| Measure | Hamburg | Berks County |
|---|---|---|
| Median home value | $182,900 | $239,700 |
| Median property tax | $3,469 | $4,238 |
| Effective tax rate | 1.897% | 1.768% |
| Median gross rent | $1,126 | $1,143 |
| Population | 4,377 | 429,989 |
The weather behind that power bill
Hamburg sits in Berks County, which averages a high of 86.4°F in its hottest month and a low of 21.8°F in its coldest, with 47.36" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 981 cooling and 5,293 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Berks County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Berks County
Full Berks County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Hamburg?
A $183,000 home in Hamburg, Pennsylvania costs approximately $1,705 per month with 20% down at 6.66%. That is $941 principal and interest, $289 property tax, $61 homeowners insurance, $262 utilities and $153 set aside for maintenance.
What is the property tax rate in Hamburg?
Hamburg has an effective property tax rate of 1.897%, based on a median home value of $182,900 and median real estate taxes of $3,469. That is higher than the Berks County average of 1.768%.
What is the average home price in Hamburg?
The median owner-occupied home value in Hamburg, Pennsylvania is $182,900, against $239,700 across Berks County.
Is it cheaper to rent or buy in Hamburg?
Median gross rent in Hamburg is $1,126 a month, against $1,705 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 Hamburg — 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.