Total monthly cost of ownership
Cost to Own a Home in Arrowhead Beach, North Carolina
A $188,000 home here costs
$1,494per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $967. The real number is $527 higher every month — 55% 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.
Arrowhead Beach against Chowan County and North Carolina
| Measure | Arrowhead Beach | Chowan County |
|---|---|---|
| Median home value | $188,400 | $204,400 |
| Median property tax | $1,191 | $1,403 |
| Effective tax rate | 0.632% | 0.686% |
| Median gross rent | — | $766 |
| Population | 1,277 | 13,814 |
The weather behind that power bill
Arrowhead Beach sits in Chowan County, which averages a high of 89.0°F in its hottest month and a low of 34.4°F in its coldest, with 50.98" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 1,840 cooling and 2,868 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Chowan County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chowan County
Full Chowan County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Arrowhead Beach?
A $188,000 home in Arrowhead Beach, North Carolina costs approximately $1,494 per month with 20% down at 6.66%. That is $967 principal and interest, $99 property tax, $68 homeowners insurance, $204 utilities and $157 set aside for maintenance.
What is the property tax rate in Arrowhead Beach?
Arrowhead Beach has an effective property tax rate of 0.632%, based on a median home value of $188,400 and median real estate taxes of $1,191. That is lower than the Chowan County average of 0.686%.
What is the average home price in Arrowhead Beach?
The median owner-occupied home value in Arrowhead Beach, North Carolina is $188,400, against $204,400 across Chowan County.
Is it cheaper to rent or buy in Arrowhead Beach?
Rent data is not published for Arrowhead Beach at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Arrowhead Beach — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Carolina.
- 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.