Cost to Own
United StatesPennsylvaniaNorthumberland CountyMilton Population 6,582 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Milton, Pennsylvania

A $172,000 home here costs

$1,538

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $884. The real number is $654 higher every month — 74% more than the payment most buyers budget for.

Milton median: $172,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $137,600 borrowed $884
Property tax1.334% effective rate for Milton itself $191
Homeowners insurancePennsylvania averages $1,014/yr (NAIC), or 0.401% of home value $57
Electricity21.55¢/kWh — Pennsylvania residential average, EIA $194
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $143
Total monthly $1,538

Milton against Northumberland County and Pennsylvania

MeasureMiltonNorthumberland County
Median home value$172,100$151,600
Median property tax$2,295$1,778
Effective tax rate1.334%1.173%
Median gross rent$902$777
Population6,58290,925

The weather behind that power bill

Milton sits in Northumberland County, which averages a high of 84.4°F in its hottest month and a low of 18.9°F in its coldest, with 43.69" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 669 cooling and 6,007 heating degree days, which is what sets the $194 electricity line above.

See the full climate breakdown for Northumberland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Northumberland County

Full Northumberland County cost breakdown · Every county in Pennsylvania

Common questions

How much does it cost to own a home in Milton?

A $172,000 home in Milton, Pennsylvania costs approximately $1,538 per month with 20% down at 6.66%. That is $884 principal and interest, $191 property tax, $57 homeowners insurance, $262 utilities and $143 set aside for maintenance.

What is the property tax rate in Milton?

Milton has an effective property tax rate of 1.334%, based on a median home value of $172,100 and median real estate taxes of $2,295. That is higher than the Northumberland County average of 1.173%.

What is the average home price in Milton?

The median owner-occupied home value in Milton, Pennsylvania is $172,100, against $151,600 across Northumberland County.

Is it cheaper to rent or buy in Milton?

Median gross rent in Milton is $902 a month, against $1,538 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 Milton — 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.

Full methodology