Cost to Own
United StatesPennsylvaniaMontgomery CountySchwenksville Population 1,383 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Schwenksville, Pennsylvania

A $237,000 home here costs

$2,024

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

A standard mortgage calculator would have told you $1,218. The real number is $805 higher every month — 66% more than the payment most buyers budget for.

Schwenksville median: $237,000
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, $189,600 borrowed $1,218
Property tax1.351% effective rate for Schwenksville itself $267
Homeowners insurancePennsylvania averages $1,014/yr (NAIC), or 0.401% of home value $79
Electricity21.55¢/kWh — Pennsylvania residential average, EIA $194
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $198
Total monthly $2,024

Schwenksville against Montgomery County and Pennsylvania

MeasureSchwenksvilleMontgomery County
Median home value$237,000$409,900
Median property tax$3,202$5,776
Effective tax rate1.351%1.409%
Median gross rent$1,121$1,612
Population1,383861,225

The weather behind that power bill

Schwenksville sits in Montgomery County, which averages a high of 86.0°F in its hottest month and a low of 20.3°F in its coldest, with 48.52" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 906 cooling and 5,475 heating degree days, which is what sets the $194 electricity line above.

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

Other cities in Montgomery County

Full Montgomery County cost breakdown · Every county in Pennsylvania

Common questions

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

A $237,000 home in Schwenksville, Pennsylvania costs approximately $2,024 per month with 20% down at 6.66%. That is $1,218 principal and interest, $267 property tax, $79 homeowners insurance, $262 utilities and $198 set aside for maintenance.

What is the property tax rate in Schwenksville?

Schwenksville has an effective property tax rate of 1.351%, based on a median home value of $237,000 and median real estate taxes of $3,202. That is lower than the Montgomery County average of 1.409%.

What is the average home price in Schwenksville?

The median owner-occupied home value in Schwenksville, Pennsylvania is $237,000, against $409,900 across Montgomery County.

Is it cheaper to rent or buy in Schwenksville?

Median gross rent in Schwenksville is $1,121 a month, against $2,024 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 Schwenksville — 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