Total monthly cost of ownership
Cost to Own a Home in Summit Hill, Pennsylvania
A $99,000 home here costs
$1,043per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $509. The real number is $534 higher every month — 105% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Summit Hill against Carbon County and Pennsylvania
| Measure | Summit Hill | Carbon County |
|---|---|---|
| Median home value | $99,100 | $193,700 |
| Median property tax | $1,885 | $2,914 |
| Effective tax rate | 1.902% | 1.504% |
| Median gross rent | $1,172 | $975 |
| Population | 3,128 | 65,191 |
The weather behind that power bill
Summit Hill sits in Carbon County, which averages a high of 81.7°F in its hottest month and a low of 18.7°F in its coldest, with 51.89" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 581 cooling and 6,027 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Carbon County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carbon County
Full Carbon County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Summit Hill?
A $99,000 home in Summit Hill, Pennsylvania costs approximately $1,043 per month with 20% down at 6.66%. That is $509 principal and interest, $157 property tax, $33 homeowners insurance, $262 utilities and $83 set aside for maintenance.
What is the property tax rate in Summit Hill?
Summit Hill has an effective property tax rate of 1.902%, based on a median home value of $99,100 and median real estate taxes of $1,885. That is higher than the Carbon County average of 1.504%.
What is the average home price in Summit Hill?
The median owner-occupied home value in Summit Hill, Pennsylvania is $99,100, against $193,700 across Carbon County.
Is it cheaper to rent or buy in Summit Hill?
Median gross rent in Summit Hill is $1,172 a month, against $1,043 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Summit Hill — 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.