Cost to Own
United StatesNorth CarolinaJohnston CountyBenson Population 4,144 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Benson, North Carolina

A $176,000 home here costs

$1,498

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $905. The real number is $593 higher every month — 66% more than the payment most buyers budget for.

Benson median: $176,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $140,800 borrowed $905
Property tax1.223% effective rate for Benson itself $179
Homeowners insuranceNorth Carolina averages $1,192/yr (NAIC), or 0.435% of home value $64
Electricity15.09¢/kWh — North Carolina residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $147
Total monthly $1,498

Benson against Johnston County and North Carolina

MeasureBensonJohnston County
Median home value$176,000$267,600
Median property tax$2,152$1,840
Effective tax rate1.223%0.688%
Median gross rent$978$1,007
Population4,144226,623

Benson extends across 2 counties. Figures here use Johnston County, where most of its housing sits.

The weather behind that power bill

Benson sits in Johnston County, which averages a high of 91.7°F in its hottest month and a low of 31.4°F in its coldest, with 49.37" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,871 cooling and 3,078 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Johnston County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Johnston County

Full Johnston County cost breakdown · Every county in North Carolina

Common questions

How much does it cost to own a home in Benson?

A $176,000 home in Benson, North Carolina costs approximately $1,498 per month with 20% down at 6.66%. That is $905 principal and interest, $179 property tax, $64 homeowners insurance, $204 utilities and $147 set aside for maintenance.

What is the property tax rate in Benson?

Benson has an effective property tax rate of 1.223%, based on a median home value of $176,000 and median real estate taxes of $2,152. That is higher than the Johnston County average of 0.688%.

What is the average home price in Benson?

The median owner-occupied home value in Benson, North Carolina is $176,000, against $267,600 across Johnston County.

Is it cheaper to rent or buy in Benson?

Median gross rent in Benson is $978 a month, against $1,498 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 Benson — 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.

Full methodology