Total monthly cost of ownership
Cost to Own a Home in Camden, North Carolina
A $360,000 home here costs
$2,805per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $120,000 a year.
A standard mortgage calculator would have told you $1,963. The real number is $842 higher every month, 43% more than the payment most buyers budget for.
Compare Camden County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Camden from a five-year rolling sample, and with about 1,072 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Camden County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Camden against Camden County and North Carolina
| Measure | Camden | Camden County |
|---|---|---|
| Median home value | $360,200 | $289,800 |
| Median property tax | $2,301 | $1,784 |
| Effective tax rate | 0.639% | 0.616% |
| Median gross rent | $1,119 | $1,220 |
| Population | 1,072 | 10,743 |
The weather behind that power bill
Camden sits in Camden County, which averages a high of 88.2°F in its hottest month and a low of 33.1°F in its coldest, with 46.51" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,759 cooling and 3,053 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Camden County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Camden County
No other places of this size are published in Camden County.
Full Camden County cost breakdown · Every county in North Carolina
Talk to someone who works this market
These are Camden averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Camden every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Camden I already own here and may sell
Common questions
How much does it cost to own a home in Camden?
A $360,000 home in Camden, North Carolina costs approximately $2,805 per month with 20% down at 7.24%. That is $1,963 principal and interest, $192 property tax, $131 homeowners insurance, $220 utilities and $300 set aside for maintenance.
What is the property tax rate in Camden?
Camden has an effective property tax rate of 0.639%, based on a median home value of $360,200 and median real estate taxes of $2,301. That is higher than the Camden County average of 0.616%.
What is the average home price in Camden?
The median owner-occupied home value in Camden, North Carolina is $360,200, against $289,800 across Camden County.
Is it cheaper to rent or buy in Camden?
Median gross rent in Camden is $1,119 a month, against $2,805 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Camden?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Camden, North Carolina at today's rate takes a household income of roughly $120,000 a year. That covers the full $2,805 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Camden, 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.