Total monthly cost of ownership
Cost to Own a Home in Wallenpaupack Lake Estates, Pennsylvania
A $198,000 home here costs
$1,731per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,018. The real number is $714 higher every month — 70% 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.
Wallenpaupack Lake Estates against Wayne County and Pennsylvania
| Measure | Wallenpaupack Lake Estates | Wayne County |
|---|---|---|
| Median home value | $198,300 | $228,200 |
| Median property tax | $2,651 | $2,882 |
| Effective tax rate | 1.337% | 1.263% |
| Median gross rent | — | $979 |
| Population | 1,084 | 51,189 |
The weather behind that power bill
Wallenpaupack Lake Estates sits in Wayne County, which averages a high of 77.3°F in its hottest month and a low of 11.9°F in its coldest, with 51.44" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 236 cooling and 7,837 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Wayne County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wayne County
Full Wayne County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Wallenpaupack Lake Estates?
A $198,000 home in Wallenpaupack Lake Estates, Pennsylvania costs approximately $1,731 per month with 20% down at 6.66%. That is $1,018 principal and interest, $221 property tax, $66 homeowners insurance, $262 utilities and $165 set aside for maintenance.
What is the property tax rate in Wallenpaupack Lake Estates?
Wallenpaupack Lake Estates has an effective property tax rate of 1.337%, based on a median home value of $198,300 and median real estate taxes of $2,651. That is higher than the Wayne County average of 1.263%.
What is the average home price in Wallenpaupack Lake Estates?
The median owner-occupied home value in Wallenpaupack Lake Estates, Pennsylvania is $198,300, against $228,200 across Wayne County.
Is it cheaper to rent or buy in Wallenpaupack Lake Estates?
Rent data is not published for Wallenpaupack Lake Estates at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Wallenpaupack Lake Estates — 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.