Total monthly cost of ownership
Cost to Own a Home in Pine Level, North Carolina
A $228,000 home here costs
$1,791per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,172. The real number is $619 higher every month — 53% 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.
Pine Level against Johnston County and North Carolina
| Measure | Pine Level | Johnston County |
|---|---|---|
| Median home value | $228,000 | $267,600 |
| Median property tax | $1,709 | $1,840 |
| Effective tax rate | 0.750% | 0.688% |
| Median gross rent | $888 | $1,007 |
| Population | 2,072 | 226,623 |
The weather behind that power bill
Pine Level sits in Johnston County, which averages a high of 91.7°F in its hottest month and a low of 31.4°F in its coldest, with 49.37" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,871 cooling and 3,078 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Johnston County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Johnston County
Full Johnston County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Pine Level?
A $228,000 home in Pine Level, North Carolina costs approximately $1,791 per month with 20% down at 6.66%. That is $1,172 principal and interest, $143 property tax, $83 homeowners insurance, $204 utilities and $190 set aside for maintenance.
What is the property tax rate in Pine Level?
Pine Level has an effective property tax rate of 0.750%, based on a median home value of $228,000 and median real estate taxes of $1,709. That is higher than the Johnston County average of 0.688%.
What is the average home price in Pine Level?
The median owner-occupied home value in Pine Level, North Carolina is $228,000, against $267,600 across Johnston County.
Is it cheaper to rent or buy in Pine Level?
Median gross rent in Pine Level is $888 a month, against $1,791 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 Pine Level — 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.