Cost to Own
United StatesNorth CarolinaForsyth CountyClemmons Population 21,574 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Clemmons, North Carolina

A $307,000 home here costs

$2,344

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

A standard mortgage calculator would have told you $1,578. The real number is $766 higher every month — 49% more than the payment most buyers budget for.

Clemmons median: $306,900
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, $245,600 borrowed $1,578
Property tax0.762% effective rate for Clemmons itself $195
Homeowners insuranceNorth Carolina averages $1,192/yr (NAIC), or 0.435% of home value $111
Electricity15.09¢/kWh — North Carolina residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $256
Total monthly $2,344

Clemmons against Forsyth County and North Carolina

MeasureClemmonsForsyth County
Median home value$306,900$227,800
Median property tax$2,340$1,934
Effective tax rate0.762%0.849%
Median gross rent$1,172$1,046
Population21,574386,740

The weather behind that power bill

Clemmons sits in Forsyth County, which averages a high of 88.0°F in its hottest month and a low of 30.7°F in its coldest, with 43.2" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,514 cooling and 3,497 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Forsyth County

Full Forsyth County cost breakdown · Every county in North Carolina

Common questions

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

A $307,000 home in Clemmons, North Carolina costs approximately $2,344 per month with 20% down at 6.66%. That is $1,578 principal and interest, $195 property tax, $111 homeowners insurance, $204 utilities and $256 set aside for maintenance.

What is the property tax rate in Clemmons?

Clemmons has an effective property tax rate of 0.762%, based on a median home value of $306,900 and median real estate taxes of $2,340. That is lower than the Forsyth County average of 0.849%.

What is the average home price in Clemmons?

The median owner-occupied home value in Clemmons, North Carolina is $306,900, against $227,800 across Forsyth County.

Is it cheaper to rent or buy in Clemmons?

Median gross rent in Clemmons is $1,172 a month, against $2,344 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 Clemmons — 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