Total monthly cost of ownership
Cost to Own a Home in Bayboro, North Carolina
A $133,000 home here costs
$1,138per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $684. The real number is $454 higher every month — 66% 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.
Bayboro against Pamlico County and North Carolina
| Measure | Bayboro | Pamlico County |
|---|---|---|
| Median home value | $133,400 | $209,800 |
| Median property tax | $1,099 | $1,257 |
| Effective tax rate | 0.824% | 0.599% |
| Median gross rent | $971 | $909 |
| Population | 1,282 | 12,315 |
The weather behind that power bill
Bayboro sits in Pamlico County, which averages a high of 88.2°F in its hottest month and a low of 34.0°F in its coldest, with 58.76" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 1,697 cooling and 2,824 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Pamlico County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pamlico County
No other places of this size are published in Pamlico County.
Full Pamlico County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Bayboro?
A $133,000 home in Bayboro, North Carolina costs approximately $1,138 per month with 20% down at 6.66%. That is $684 principal and interest, $91 property tax, $48 homeowners insurance, $204 utilities and $111 set aside for maintenance.
What is the property tax rate in Bayboro?
Bayboro has an effective property tax rate of 0.824%, based on a median home value of $133,400 and median real estate taxes of $1,099. That is higher than the Pamlico County average of 0.599%.
What is the average home price in Bayboro?
The median owner-occupied home value in Bayboro, North Carolina is $133,400, against $209,800 across Pamlico County.
Is it cheaper to rent or buy in Bayboro?
Median gross rent in Bayboro is $971 a month, against $1,138 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 Bayboro — 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.