Total monthly cost of ownership
Cost to Own a Home in Lucama, North Carolina
A $98,000 home here costs
$914per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $504. The real number is $410 higher every month — 81% 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.
Lucama against Wilson County and North Carolina
| Measure | Lucama | Wilson County |
|---|---|---|
| Median home value | $98,200 | $171,800 |
| Median property tax | $1,074 | $1,428 |
| Effective tax rate | 1.094% | 0.831% |
| Median gross rent | $1,009 | $915 |
| Population | 1,108 | 78,648 |
The weather behind that power bill
Lucama sits in Wilson County, which averages a high of 90.2°F in its hottest month and a low of 32.7°F in its coldest, with 50.3" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,842 cooling and 3,062 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Wilson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wilson County
Full Wilson County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Lucama?
A $98,000 home in Lucama, North Carolina costs approximately $914 per month with 20% down at 6.66%. That is $504 principal and interest, $89 property tax, $36 homeowners insurance, $204 utilities and $82 set aside for maintenance.
What is the property tax rate in Lucama?
Lucama has an effective property tax rate of 1.094%, based on a median home value of $98,200 and median real estate taxes of $1,074. That is higher than the Wilson County average of 0.831%.
What is the average home price in Lucama?
The median owner-occupied home value in Lucama, North Carolina is $98,200, against $171,800 across Wilson County.
Is it cheaper to rent or buy in Lucama?
Median gross rent in Lucama is $1,009 a month, against $914 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lucama — 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.