Total monthly cost of ownership
Cost to Own a Home in McSherrystown, Pennsylvania
A $188,000 home here costs
$1,757per 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 $75,500 a year.
A standard mortgage calculator would have told you $1,025. The real number is $732 higher every month, 71% more than the payment most buyers budget for.
Compare Adams County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for McSherrystown from a five-year rolling sample, and with about 3,094 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 Adams 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.
McSherrystown against Adams County and Pennsylvania
| Measure | McSherrystown | Adams County |
|---|---|---|
| Median home value | $188,200 | $256,100 |
| Median property tax | $3,200 | $3,569 |
| Effective tax rate | 1.700% | 1.394% |
| Median gross rent | $1,365 | $1,084 |
| Population | 3,094 | 105,183 |
The weather behind that power bill
McSherrystown sits in Adams County, which averages a high of 86.2°F in its hottest month and a low of 20.8°F in its coldest, with 44.46" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 871 cooling and 5,277 heating degree days, which is what sets the $178 electricity line above.
See the full climate breakdown for Adams County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Adams County
Full Adams County cost breakdown · Every county in Pennsylvania
Talk to someone who works this market
These are McSherrystown 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 McSherrystown every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in McSherrystown I already own here and may sell
Common questions
How much does it cost to own a home in McSherrystown?
A $188,000 home in McSherrystown, Pennsylvania costs approximately $1,757 per month with 20% down at 7.24%. That is $1,025 principal and interest, $266 property tax, $63 homeowners insurance, $246 utilities and $157 set aside for maintenance.
What is the property tax rate in McSherrystown?
McSherrystown has an effective property tax rate of 1.700%, based on a median home value of $188,200 and median real estate taxes of $3,200. That is higher than the Adams County average of 1.394%.
What is the average home price in McSherrystown?
The median owner-occupied home value in McSherrystown, Pennsylvania is $188,200, against $256,100 across Adams County.
Is it cheaper to rent or buy in McSherrystown?
Median gross rent in McSherrystown is $1,365 a month, against $1,757 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 McSherrystown?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in McSherrystown, Pennsylvania at today's rate takes a household income of roughly $75,500 a year. That covers the full $1,757 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for McSherrystown, 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.