Total monthly cost of ownership
Cost to Own a Home in Goldsboro, North Carolina
A $174,000 home here costs
$1,449per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $895. The real number is $554 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.
Goldsboro against Wayne County and North Carolina
| Measure | Goldsboro | Wayne County |
|---|---|---|
| Median home value | $173,700 | $162,700 |
| Median property tax | $1,704 | $1,210 |
| Effective tax rate | 0.981% | 0.744% |
| Median gross rent | $956 | $932 |
| Population | 33,448 | 117,606 |
The weather behind that power bill
Goldsboro sits in Wayne County, which averages a high of 91.0°F in its hottest month and a low of 34.6°F in its coldest, with 52.26" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,083 cooling and 2,657 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Wayne County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wayne County
Full Wayne County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Goldsboro?
A $174,000 home in Goldsboro, North Carolina costs approximately $1,449 per month with 20% down at 6.66%. That is $895 principal and interest, $142 property tax, $63 homeowners insurance, $204 utilities and $145 set aside for maintenance.
What is the property tax rate in Goldsboro?
Goldsboro has an effective property tax rate of 0.981%, based on a median home value of $173,700 and median real estate taxes of $1,704. That is higher than the Wayne County average of 0.744%.
What is the average home price in Goldsboro?
The median owner-occupied home value in Goldsboro, North Carolina is $173,700, against $162,700 across Wayne County.
Is it cheaper to rent or buy in Goldsboro?
Median gross rent in Goldsboro is $956 a month, against $1,449 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 Goldsboro — 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.