Total monthly cost of ownership
Cost to Own a Home in Jonesville, North Carolina
A $118,000 home here costs
$1,108per 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 $47,500 a year.
A standard mortgage calculator would have told you $643. The real number is $465 higher every month, 72% more than the payment most buyers budget for.
Compare Yadkin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Jonesville from a five-year rolling sample, and with about 2,782 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 Yadkin 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.
Jonesville against Yadkin County and North Carolina
| Measure | Jonesville | Yadkin County |
|---|---|---|
| Median home value | $117,500 | $176,400 |
| Median property tax | $1,241 | $1,210 |
| Effective tax rate | 1.056% | 0.686% |
| Median gross rent | $500 | $734 |
| Population | 2,782 | 37,419 |
The weather behind that power bill
Jonesville sits in Yadkin County, which averages a high of 86.9°F in its hottest month and a low of 25.3°F in its coldest, with 46.62" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,147 cooling and 4,199 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Yadkin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Yadkin County
Full Yadkin County cost breakdown · Every county in North Carolina
Talk to someone who works this market
These are Jonesville 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 Jonesville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Jonesville I already own here and may sell
Common questions
How much does it cost to own a home in Jonesville?
A $118,000 home in Jonesville, North Carolina costs approximately $1,108 per month with 20% down at 7.24%. That is $643 principal and interest, $104 property tax, $43 homeowners insurance, $220 utilities and $98 set aside for maintenance.
What is the property tax rate in Jonesville?
Jonesville has an effective property tax rate of 1.056%, based on a median home value of $117,500 and median real estate taxes of $1,241. That is higher than the Yadkin County average of 0.686%.
What is the average home price in Jonesville?
The median owner-occupied home value in Jonesville, North Carolina is $117,500, against $176,400 across Yadkin County.
Is it cheaper to rent or buy in Jonesville?
Median gross rent in Jonesville is $500 a month, against $1,108 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 Jonesville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Jonesville, North Carolina at today's rate takes a household income of roughly $47,500 a year. That covers the full $1,108 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Jonesville, 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.