Total monthly cost of ownership
Cost to Own a Home in Shamokin Dam, Pennsylvania
A $195,000 home here costs
$1,751per 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 $75,000 a year.
A standard mortgage calculator would have told you $1,063. The real number is $688 higher every month, 65% more than the payment most buyers budget for.
Compare Snyder County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Shamokin Dam from a five-year rolling sample, and with about 1,758 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Snyder County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Shamokin Dam against Snyder County and Pennsylvania
| Measure | Shamokin Dam | Snyder County |
|---|---|---|
| Median home value | $195,400 | $205,500 |
| Median property tax | $2,574 | $2,402 |
| Effective tax rate | 1.317% | 1.169% |
| Median gross rent | $976 | $890 |
| Population | 1,758 | 39,711 |
The weather behind that power bill
Shamokin Dam sits in Snyder County, which averages a high of 84.3°F in its hottest month and a low of 19.7°F in its coldest, with 40.91" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 743 cooling and 5,790 heating degree days, which is what sets the $178 electricity line above.
See the full climate breakdown for Snyder County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Snyder County
Full Snyder County cost breakdown · Every county in Pennsylvania
Talk to someone who works this market
These are Shamokin Dam 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 Shamokin Dam every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Shamokin Dam I already own here and may sell
Common questions
How much does it cost to own a home in Shamokin Dam?
A $195,000 home in Shamokin Dam, Pennsylvania costs approximately $1,751 per month with 20% down at 7.24%. That is $1,063 principal and interest, $214 property tax, $65 homeowners insurance, $246 utilities and $163 set aside for maintenance.
What is the property tax rate in Shamokin Dam?
Shamokin Dam has an effective property tax rate of 1.317%, based on a median home value of $195,400 and median real estate taxes of $2,574. That is higher than the Snyder County average of 1.169%.
What is the average home price in Shamokin Dam?
The median owner-occupied home value in Shamokin Dam, Pennsylvania is $195,400, against $205,500 across Snyder County.
Is it cheaper to rent or buy in Shamokin Dam?
Median gross rent in Shamokin Dam is $976 a month, against $1,751 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 Shamokin Dam?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Shamokin Dam, Pennsylvania at today's rate takes a household income of roughly $75,000 a year. That covers the full $1,751 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Shamokin Dam, 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.