Total monthly cost of ownership
Cost to Own a Home in Kings Mountain, North Carolina
A $178,000 home here costs
$1,507per 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 $64,500 a year.
A standard mortgage calculator would have told you $970. The real number is $537 higher every month, 55% more than the payment most buyers budget for.
Compare Gaston County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Kings Mountain against Gaston County and North Carolina
| Measure | Kings Mountain | Gaston County |
|---|---|---|
| Median home value | $177,700 | $235,000 |
| Median property tax | $1,246 | $1,872 |
| Effective tax rate | 0.701% | 0.797% |
| Median gross rent | $879 | $1,085 |
| Population | 11,472 | 231,485 |
Kings Mountain extends across 2 counties. Figures here use Gaston County, where most of its housing sits.
The weather behind that power bill
Kings Mountain sits in Gaston County, which averages a high of 90.7°F in its hottest month and a low of 31.4°F in its coldest, with 43.95" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,854 cooling and 3,004 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Gaston County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gaston County
Full Gaston County cost breakdown · Every county in North Carolina
Talk to someone who works this market
These are Kings Mountain 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 Kings Mountain every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Kings Mountain I already own here and may sell
Common questions
How much does it cost to own a home in Kings Mountain?
A $178,000 home in Kings Mountain, North Carolina costs approximately $1,507 per month with 20% down at 7.24%. That is $970 principal and interest, $104 property tax, $65 homeowners insurance, $220 utilities and $148 set aside for maintenance.
What is the property tax rate in Kings Mountain?
Kings Mountain has an effective property tax rate of 0.701%, based on a median home value of $177,700 and median real estate taxes of $1,246. That is lower than the Gaston County average of 0.797%.
What is the average home price in Kings Mountain?
The median owner-occupied home value in Kings Mountain, North Carolina is $177,700, against $235,000 across Gaston County.
Is it cheaper to rent or buy in Kings Mountain?
Median gross rent in Kings Mountain is $879 a month, against $1,507 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 Kings Mountain?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Kings Mountain, North Carolina at today's rate takes a household income of roughly $64,500 a year. That covers the full $1,507 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kings Mountain, 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.