Cost to Own
United StatesPennsylvaniaNorthumberland CountyMount Carmel Population 5,695 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Mount Carmel, Pennsylvania

A $75,000 home here costs

$808

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

A standard mortgage calculator would have told you $386. The real number is $422 higher every month — 109% more than the payment most buyers budget for.

Mount Carmel median: $74,700
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, $60,000 borrowed $386
Property tax1.165% effective rate for Mount Carmel itself $73
Homeowners insurancePennsylvania averages $1,014/yr (NAIC), or 0.401% of home value $25
Electricity21.55¢/kWh — Pennsylvania residential average, EIA $194
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $63
Total monthly $808

Mount Carmel against Northumberland County and Pennsylvania

MeasureMount CarmelNorthumberland County
Median home value$74,700$151,600
Median property tax$870$1,778
Effective tax rate1.165%1.173%
Median gross rent$796$777
Population5,69590,925

The weather behind that power bill

Mount Carmel 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 Mount Carmel?

A $75,000 home in Mount Carmel, Pennsylvania costs approximately $808 per month with 20% down at 6.66%. That is $386 principal and interest, $73 property tax, $25 homeowners insurance, $262 utilities and $63 set aside for maintenance.

What is the property tax rate in Mount Carmel?

Mount Carmel has an effective property tax rate of 1.165%, based on a median home value of $74,700 and median real estate taxes of $870. That is in line with the Northumberland County average of 1.173%.

What is the average home price in Mount Carmel?

The median owner-occupied home value in Mount Carmel, Pennsylvania is $74,700, against $151,600 across Northumberland County.

Is it cheaper to rent or buy in Mount Carmel?

Median gross rent in Mount Carmel is $796 a month, against $808 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 Mount Carmel — 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