Total monthly cost of ownership
Cost to Own a Home in Candor, North Carolina
A $139,000 home here costs
$1,251per 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 $53,500 a year.
A standard mortgage calculator would have told you $758. The real number is $493 higher every month, 65% more than the payment most buyers budget for.
Compare Moore County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Candor from a five-year rolling sample, and with about 1,284 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 Moore 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.
Candor against Moore County and North Carolina
| Measure | Candor | Moore County |
|---|---|---|
| Median home value | $139,400 | $315,300 |
| Median property tax | $1,285 | $1,784 |
| Effective tax rate | 0.922% | 0.566% |
| Median gross rent | $1,082 | $1,181 |
| Population | 1,284 | 102,840 |
Candor extends across 2 counties. Figures here use Moore County, where most of its housing sits.
The weather behind that power bill
Candor sits in Moore County, which averages a high of 90.3°F in its hottest month and a low of 30.6°F in its coldest, with 47.81" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,641 cooling and 3,172 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Moore County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Moore County
Full Moore County cost breakdown · Every county in North Carolina
Talk to someone who works this market
These are Candor 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 Candor every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Candor I already own here and may sell
Common questions
How much does it cost to own a home in Candor?
A $139,000 home in Candor, North Carolina costs approximately $1,251 per month with 20% down at 7.24%. That is $758 principal and interest, $107 property tax, $50 homeowners insurance, $220 utilities and $116 set aside for maintenance.
What is the property tax rate in Candor?
Candor has an effective property tax rate of 0.922%, based on a median home value of $139,400 and median real estate taxes of $1,285. That is higher than the Moore County average of 0.566%.
What is the average home price in Candor?
The median owner-occupied home value in Candor, North Carolina is $139,400, against $315,300 across Moore County.
Is it cheaper to rent or buy in Candor?
Median gross rent in Candor is $1,082 a month, against $1,251 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 Candor?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Candor, North Carolina at today's rate takes a household income of roughly $53,500 a year. That covers the full $1,251 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Candor, 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.