Total monthly cost of ownership
Cost to Own a Home in Denton, North Carolina
A $160,000 home here costs
$1,336per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $823. The real number is $514 higher every month — 62% 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.
Denton against Davidson County and North Carolina
| Measure | Denton | Davidson County |
|---|---|---|
| Median home value | $160,400 | $200,100 |
| Median property tax | $1,431 | $1,262 |
| Effective tax rate | 0.892% | 0.631% |
| Median gross rent | $731 | $863 |
| Population | 1,271 | 171,063 |
The weather behind that power bill
Denton sits in Davidson County, which averages a high of 89.1°F in its hottest month and a low of 28.0°F in its coldest, with 45.47" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,455 cooling and 3,498 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Davidson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Davidson County
Full Davidson County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Denton?
A $160,000 home in Denton, North Carolina costs approximately $1,336 per month with 20% down at 6.66%. That is $823 principal and interest, $119 property tax, $58 homeowners insurance, $204 utilities and $133 set aside for maintenance.
What is the property tax rate in Denton?
Denton has an effective property tax rate of 0.892%, based on a median home value of $160,400 and median real estate taxes of $1,431. That is higher than the Davidson County average of 0.631%.
What is the average home price in Denton?
The median owner-occupied home value in Denton, North Carolina is $160,400, against $200,100 across Davidson County.
Is it cheaper to rent or buy in Denton?
Median gross rent in Denton is $731 a month, against $1,336 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 Denton — 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.