Total monthly cost of ownership
Cost to Own a Home in Milroy, Pennsylvania
A $110,000 home here costs
$1,135per 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 $600. The real number is $535 higher every month, 89% more than the payment most buyers budget for.
Compare Mifflin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Milroy from a five-year rolling sample, and with about 1,393 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 Mifflin 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.
Milroy against Mifflin County and Pennsylvania
| Measure | Milroy | Mifflin County |
|---|---|---|
| Median home value | $110,100 | $142,900 |
| Median property tax | $1,934 | $2,227 |
| Effective tax rate | 1.757% | 1.558% |
| Median gross rent | $686 | $792 |
| Population | 1,393 | 46,074 |
The weather behind that power bill
Milroy sits in Mifflin County, which averages a high of 85.3°F in its hottest month and a low of 21.0°F in its coldest, with 42.14" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 832 cooling and 5,570 heating degree days, which is what sets the $178 electricity line above.
See the full climate breakdown for Mifflin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mifflin County
Full Mifflin County cost breakdown · Every county in Pennsylvania
Talk to someone who works this market
These are Milroy 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 Milroy every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Milroy I already own here and may sell
Common questions
How much does it cost to own a home in Milroy?
A $110,000 home in Milroy, Pennsylvania costs approximately $1,135 per month with 20% down at 7.24%. That is $600 principal and interest, $161 property tax, $37 homeowners insurance, $246 utilities and $92 set aside for maintenance.
What is the property tax rate in Milroy?
Milroy has an effective property tax rate of 1.757%, based on a median home value of $110,100 and median real estate taxes of $1,934. That is higher than the Mifflin County average of 1.558%.
What is the average home price in Milroy?
The median owner-occupied home value in Milroy, Pennsylvania is $110,100, against $142,900 across Mifflin County.
Is it cheaper to rent or buy in Milroy?
Median gross rent in Milroy is $686 a month, against $1,135 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 Milroy?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Milroy, Pennsylvania at today's rate takes a household income of roughly $48,500 a year. That covers the full $1,135 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Milroy, 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.