Total monthly cost of ownership
Cost to Own a Home in Mount Carmel, Pennsylvania
A $75,000 home here costs
$815per 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 $35,000 a year.
A standard mortgage calculator would have told you $409. The real number is $406 higher every month, 99% more than the payment most buyers budget for.
Compare Northumberland County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Mount Carmel against Northumberland County and Pennsylvania
| Measure | Mount Carmel | Northumberland County |
|---|---|---|
| Median home value | $74,700 | $151,600 |
| Median property tax | $870 | $1,778 |
| Effective tax rate | 1.165% | 1.173% |
| Median gross rent | $796 | $777 |
| Population | 5,695 | 90,925 |
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 $178 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
Talk to someone who works this market
These are Mount Carmel 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 Mount Carmel every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Mount Carmel I already own here and may sell
Common questions
How much does it cost to own a home in Mount Carmel?
A $75,000 home in Mount Carmel, Pennsylvania costs approximately $815 per month with 20% down at 7.24%. That is $409 principal and interest, $73 property tax, $25 homeowners insurance, $246 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 $815 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 Mount Carmel?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Mount Carmel, Pennsylvania at today's rate takes a household income of roughly $35,000 a year. That covers the full $815 monthly cost, not just the mortgage payment.
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.