Total monthly cost of ownership
Cost to Own a Home in McElhattan, Pennsylvania
A $224,000 home here costs
$1,843per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,152. The real number is $691 higher every month — 60% 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.
McElhattan against Clinton County and Pennsylvania
| Measure | McElhattan | Clinton County |
|---|---|---|
| Median home value | $224,200 | $179,100 |
| Median property tax | $2,017 | $2,047 |
| Effective tax rate | 0.900% | 1.143% |
| Median gross rent | $900 | $815 |
| Population | 1,045 | 37,707 |
The weather behind that power bill
McElhattan sits in Clinton County, which averages a high of 83.0°F in its hottest month and a low of 18.8°F in its coldest, with 41.22" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 601 cooling and 6,168 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Clinton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clinton County
Full Clinton County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in McElhattan?
A $224,000 home in McElhattan, Pennsylvania costs approximately $1,843 per month with 20% down at 6.66%. That is $1,152 principal and interest, $168 property tax, $75 homeowners insurance, $262 utilities and $187 set aside for maintenance.
What is the property tax rate in McElhattan?
McElhattan has an effective property tax rate of 0.900%, based on a median home value of $224,200 and median real estate taxes of $2,017. That is lower than the Clinton County average of 1.143%.
What is the average home price in McElhattan?
The median owner-occupied home value in McElhattan, Pennsylvania is $224,200, against $179,100 across Clinton County.
Is it cheaper to rent or buy in McElhattan?
Median gross rent in McElhattan is $900 a month, against $1,843 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 McElhattan — 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.