Total monthly cost of ownership
Cost to Own a Home in Hertford, North Carolina
A $179,000 home here costs
$1,454per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $920. The real number is $533 higher every month — 58% 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.
Hertford against Perquimans County and North Carolina
| Measure | Hertford | Perquimans County |
|---|---|---|
| Median home value | $178,600 | $211,600 |
| Median property tax | $1,385 | $1,316 |
| Effective tax rate | 0.775% | 0.622% |
| Median gross rent | $634 | $1,061 |
| Population | 1,703 | 13,146 |
The weather behind that power bill
Hertford sits in Perquimans County, which averages a high of 88.2°F in its hottest month and a low of 33.1°F in its coldest, with 46.51" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,759 cooling and 3,053 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Perquimans County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Perquimans County
No other places of this size are published in Perquimans County.
Full Perquimans County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Hertford?
A $179,000 home in Hertford, North Carolina costs approximately $1,454 per month with 20% down at 6.66%. That is $920 principal and interest, $116 property tax, $65 homeowners insurance, $204 utilities and $149 set aside for maintenance.
What is the property tax rate in Hertford?
Hertford has an effective property tax rate of 0.775%, based on a median home value of $178,600 and median real estate taxes of $1,385. That is higher than the Perquimans County average of 0.622%.
What is the average home price in Hertford?
The median owner-occupied home value in Hertford, North Carolina is $178,600, against $211,600 across Perquimans County.
Is it cheaper to rent or buy in Hertford?
Median gross rent in Hertford is $634 a month, against $1,454 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 Hertford — 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.