Total monthly cost of ownership
Cost to Own a Home in Elizabethtown, North Carolina
A $153,000 home here costs
$1,318per 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 $56,500 a year.
A standard mortgage calculator would have told you $834. The real number is $484 higher every month, 58% more than the payment most buyers budget for.
Compare Bladen County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Elizabethtown from a five-year rolling sample, and with about 3,294 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 Bladen 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.
Elizabethtown against Bladen County and North Carolina
| Measure | Elizabethtown | Bladen County |
|---|---|---|
| Median home value | $153,400 | $125,800 |
| Median property tax | $976 | $1,137 |
| Effective tax rate | 0.636% | 0.904% |
| Median gross rent | $650 | $752 |
| Population | 3,294 | 29,591 |
The weather behind that power bill
Elizabethtown sits in Bladen County, which averages a high of 91.0°F in its hottest month and a low of 31.6°F in its coldest, with 53.28" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 1,865 cooling and 2,877 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Bladen County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bladen County
Full Bladen County cost breakdown · Every county in North Carolina
Talk to someone who works this market
These are Elizabethtown 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 Elizabethtown every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Elizabethtown I already own here and may sell
Common questions
How much does it cost to own a home in Elizabethtown?
A $153,000 home in Elizabethtown, North Carolina costs approximately $1,318 per month with 20% down at 7.24%. That is $834 principal and interest, $81 property tax, $55 homeowners insurance, $220 utilities and $128 set aside for maintenance.
What is the property tax rate in Elizabethtown?
Elizabethtown has an effective property tax rate of 0.636%, based on a median home value of $153,400 and median real estate taxes of $976. That is lower than the Bladen County average of 0.904%.
What is the average home price in Elizabethtown?
The median owner-occupied home value in Elizabethtown, North Carolina is $153,400, against $125,800 across Bladen County.
Is it cheaper to rent or buy in Elizabethtown?
Median gross rent in Elizabethtown is $650 a month, against $1,318 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 Elizabethtown?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Elizabethtown, North Carolina at today's rate takes a household income of roughly $56,500 a year. That covers the full $1,318 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Elizabethtown, 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.