Total monthly cost of ownership
Cost to Own a Home in Wellsboro, Pennsylvania
A $195,000 home here costs
$1,735per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,002. The real number is $733 higher every month — 73% 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.
Wellsboro against Tioga County and Pennsylvania
| Measure | Wellsboro | Tioga County |
|---|---|---|
| Median home value | $195,400 | $176,000 |
| Median property tax | $2,926 | $2,093 |
| Effective tax rate | 1.497% | 1.189% |
| Median gross rent | $901 | $850 |
| Population | 3,445 | 41,078 |
The weather behind that power bill
Wellsboro sits in Tioga County, which averages a high of 78.9°F in its hottest month and a low of 14.1°F in its coldest, with 42.27" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 306 cooling and 7,378 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Tioga County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Tioga County
Full Tioga County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Wellsboro?
A $195,000 home in Wellsboro, Pennsylvania costs approximately $1,735 per month with 20% down at 6.66%. That is $1,002 principal and interest, $243 property tax, $65 homeowners insurance, $262 utilities and $163 set aside for maintenance.
What is the property tax rate in Wellsboro?
Wellsboro has an effective property tax rate of 1.497%, based on a median home value of $195,400 and median real estate taxes of $2,926. That is higher than the Tioga County average of 1.189%.
What is the average home price in Wellsboro?
The median owner-occupied home value in Wellsboro, Pennsylvania is $195,400, against $176,000 across Tioga County.
Is it cheaper to rent or buy in Wellsboro?
Median gross rent in Wellsboro is $901 a month, against $1,735 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 Wellsboro — 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.