Cost to Own
United StatesPennsylvaniaVenango CountySeneca Population 1,455 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Seneca, Pennsylvania

A $135,000 home here costs

$1,260

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

A standard mortgage calculator would have told you $694. The real number is $566 higher every month — 81% more than the payment most buyers budget for.

Seneca median: $134,900
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, $108,000 borrowed $694
Property tax1.300% effective rate for Seneca itself $146
Homeowners insurancePennsylvania averages $1,014/yr (NAIC), or 0.401% of home value $45
Electricity21.55¢/kWh — Pennsylvania residential average, EIA $194
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $113
Total monthly $1,260

Seneca against Venango County and Pennsylvania

MeasureSenecaVenango County
Median home value$134,900$114,500
Median property tax$1,754$1,509
Effective tax rate1.300%1.318%
Median gross rent$715$774
Population1,45550,096

The weather behind that power bill

Seneca sits in Venango County, which averages a high of 82.7°F in its hottest month and a low of 18.3°F in its coldest, with 46.33" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 584 cooling and 6,365 heating degree days, which is what sets the $194 electricity line above.

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

Other cities in Venango County

Full Venango County cost breakdown · Every county in Pennsylvania

Common questions

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

A $135,000 home in Seneca, Pennsylvania costs approximately $1,260 per month with 20% down at 6.66%. That is $694 principal and interest, $146 property tax, $45 homeowners insurance, $262 utilities and $113 set aside for maintenance.

What is the property tax rate in Seneca?

Seneca has an effective property tax rate of 1.300%, based on a median home value of $134,900 and median real estate taxes of $1,754. That is lower than the Venango County average of 1.318%.

What is the average home price in Seneca?

The median owner-occupied home value in Seneca, Pennsylvania is $134,900, against $114,500 across Venango County.

Is it cheaper to rent or buy in Seneca?

Median gross rent in Seneca is $715 a month, against $1,260 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 Seneca — 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