Cost to Own
United StatesNorth CarolinaRockingham CountyEden Population 15,353 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Eden, North Carolina

A $123,000 home here costs

$1,088

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

A standard mortgage calculator would have told you $632. The real number is $456 higher every month — 72% more than the payment most buyers budget for.

Eden median: $122,800
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, $98,400 borrowed $632
Property tax1.028% effective rate for Eden itself $105
Homeowners insuranceNorth Carolina averages $1,192/yr (NAIC), or 0.435% of home value $45
Electricity15.09¢/kWh — North Carolina residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $103
Total monthly $1,088

Eden against Rockingham County and North Carolina

MeasureEdenRockingham County
Median home value$122,800$156,000
Median property tax$1,262$1,230
Effective tax rate1.028%0.788%
Median gross rent$816$789
Population15,35391,585

The weather behind that power bill

Eden sits in Rockingham County, which averages a high of 87.5°F in its hottest month and a low of 28.7°F in its coldest, with 47.78" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,340 cooling and 3,825 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Rockingham County

Full Rockingham County cost breakdown · Every county in North Carolina

Common questions

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

A $123,000 home in Eden, North Carolina costs approximately $1,088 per month with 20% down at 6.66%. That is $632 principal and interest, $105 property tax, $45 homeowners insurance, $204 utilities and $103 set aside for maintenance.

What is the property tax rate in Eden?

Eden has an effective property tax rate of 1.028%, based on a median home value of $122,800 and median real estate taxes of $1,262. That is higher than the Rockingham County average of 0.788%.

What is the average home price in Eden?

The median owner-occupied home value in Eden, North Carolina is $122,800, against $156,000 across Rockingham County.

Is it cheaper to rent or buy in Eden?

Median gross rent in Eden is $816 a month, against $1,088 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 Eden — 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