Total monthly cost of ownership
Cost to Own a Home in Haw River, North Carolina
A $142,000 home here costs
$1,206per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $730. The real number is $476 higher every month — 65% 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.
Haw River against Alamance County and North Carolina
| Measure | Haw River | Alamance County |
|---|---|---|
| Median home value | $142,200 | $221,200 |
| Median property tax | $1,227 | $1,440 |
| Effective tax rate | 0.863% | 0.651% |
| Median gross rent | $870 | $1,007 |
| Population | 2,581 | 174,286 |
The weather behind that power bill
Haw River sits in Alamance County, which averages a high of 90.8°F in its hottest month and a low of 30.0°F in its coldest, with 43.3" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,737 cooling and 3,268 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Alamance County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Alamance County
Full Alamance County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Haw River?
A $142,000 home in Haw River, North Carolina costs approximately $1,206 per month with 20% down at 6.66%. That is $730 principal and interest, $102 property tax, $51 homeowners insurance, $204 utilities and $118 set aside for maintenance.
What is the property tax rate in Haw River?
Haw River has an effective property tax rate of 0.863%, based on a median home value of $142,200 and median real estate taxes of $1,227. That is higher than the Alamance County average of 0.651%.
What is the average home price in Haw River?
The median owner-occupied home value in Haw River, North Carolina is $142,200, against $221,200 across Alamance County.
Is it cheaper to rent or buy in Haw River?
Median gross rent in Haw River is $870 a month, against $1,206 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 Haw River — 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.