Total monthly cost of ownership
Cost to Own a Home in Lumberton, North Carolina
A $140,000 home here costs
$1,205per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $720. The real number is $485 higher every month — 67% 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.
Lumberton against Robeson County and North Carolina
| Measure | Lumberton | Robeson County |
|---|---|---|
| Median home value | $140,100 | $88,600 |
| Median property tax | $1,370 | $799 |
| Effective tax rate | 0.978% | 0.902% |
| Median gross rent | $824 | $784 |
| Population | 19,220 | 116,858 |
The weather behind that power bill
Lumberton sits in Robeson County, which averages a high of 91.0°F in its hottest month and a low of 35.3°F in its coldest, with 42.62" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,087 cooling and 2,609 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Robeson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Robeson County
Full Robeson County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Lumberton?
A $140,000 home in Lumberton, North Carolina costs approximately $1,205 per month with 20% down at 6.66%. That is $720 principal and interest, $114 property tax, $51 homeowners insurance, $204 utilities and $117 set aside for maintenance.
What is the property tax rate in Lumberton?
Lumberton has an effective property tax rate of 0.978%, based on a median home value of $140,100 and median real estate taxes of $1,370. That is higher than the Robeson County average of 0.902%.
What is the average home price in Lumberton?
The median owner-occupied home value in Lumberton, North Carolina is $140,100, against $88,600 across Robeson County.
Is it cheaper to rent or buy in Lumberton?
Median gross rent in Lumberton is $824 a month, against $1,205 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 Lumberton — 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.