Total monthly cost of ownership
Cost to Own a Home in Spring City, Pennsylvania
A $253,000 home here costs
$2,225per 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 $95,500 a year.
A standard mortgage calculator would have told you $1,379. The real number is $845 higher every month, 61% more than the payment most buyers budget for.
Compare Chester County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Spring City from a five-year rolling sample, and with about 3,551 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 Chester 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.
Spring City against Chester County and Pennsylvania
| Measure | Spring City | Chester County |
|---|---|---|
| Median home value | $253,400 | $461,800 |
| Median property tax | $3,655 | $6,191 |
| Effective tax rate | 1.442% | 1.341% |
| Median gross rent | $985 | $1,691 |
| Population | 3,551 | 540,896 |
The weather behind that power bill
Spring City sits in Chester County, which averages a high of 83.6°F in its hottest month and a low of 22.7°F in its coldest, with 47.14" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 778 cooling and 5,359 heating degree days, which is what sets the $178 electricity line above.
See the full climate breakdown for Chester County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chester County
Full Chester County cost breakdown · Every county in Pennsylvania
Talk to someone who works this market
These are Spring City 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 Spring City every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Spring City I already own here and may sell
Common questions
How much does it cost to own a home in Spring City?
A $253,000 home in Spring City, Pennsylvania costs approximately $2,225 per month with 20% down at 7.24%. That is $1,379 principal and interest, $304 property tax, $85 homeowners insurance, $246 utilities and $211 set aside for maintenance.
What is the property tax rate in Spring City?
Spring City has an effective property tax rate of 1.442%, based on a median home value of $253,400 and median real estate taxes of $3,655. That is higher than the Chester County average of 1.341%.
What is the average home price in Spring City?
The median owner-occupied home value in Spring City, Pennsylvania is $253,400, against $461,800 across Chester County.
Is it cheaper to rent or buy in Spring City?
Median gross rent in Spring City is $985 a month, against $2,225 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 Spring City?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Spring City, Pennsylvania at today's rate takes a household income of roughly $95,500 a year. That covers the full $2,225 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Spring City, 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.