Total monthly cost of ownership
Cost to Own a Home in Midland, Pennsylvania
A $91,000 home here costs
$948per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $468. The real number is $480 higher every month — 103% 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.
Midland against Beaver County and Pennsylvania
| Measure | Midland | Beaver County |
|---|---|---|
| Median home value | $90,700 | $185,500 |
| Median property tax | $1,337 | $2,672 |
| Effective tax rate | 1.474% | 1.440% |
| Median gross rent | $658 | $867 |
| Population | 2,433 | 166,993 |
The weather behind that power bill
Midland sits in Beaver County, which averages a high of 81.8°F in its hottest month and a low of 20.7°F in its coldest, with 40.69" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 636 cooling and 5,811 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Beaver County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Beaver County
Full Beaver County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Midland?
A $91,000 home in Midland, Pennsylvania costs approximately $948 per month with 20% down at 6.66%. That is $468 principal and interest, $112 property tax, $30 homeowners insurance, $262 utilities and $76 set aside for maintenance.
What is the property tax rate in Midland?
Midland has an effective property tax rate of 1.474%, based on a median home value of $90,700 and median real estate taxes of $1,337. That is higher than the Beaver County average of 1.440%.
What is the average home price in Midland?
The median owner-occupied home value in Midland, Pennsylvania is $90,700, against $185,500 across Beaver County.
Is it cheaper to rent or buy in Midland?
Median gross rent in Midland is $658 a month, against $948 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 Midland — 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.