Total monthly cost of ownership
Cost to Own a Home in Ramseur, North Carolina
A $130,000 home here costs
$1,136per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $668. The real number is $468 higher every month — 70% 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.
Ramseur against Randolph County and North Carolina
| Measure | Ramseur | Randolph County |
|---|---|---|
| Median home value | $130,000 | $171,600 |
| Median property tax | $1,302 | $1,236 |
| Effective tax rate | 1.002% | 0.720% |
| Median gross rent | $686 | $857 |
| Population | 2,061 | 145,322 |
The weather behind that power bill
Ramseur sits in Randolph County, which averages a high of 88.3°F in its hottest month and a low of 29.4°F in its coldest, with 46.62" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,388 cooling and 3,539 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Randolph County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Randolph County
Full Randolph County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Ramseur?
A $130,000 home in Ramseur, North Carolina costs approximately $1,136 per month with 20% down at 6.66%. That is $668 principal and interest, $109 property tax, $47 homeowners insurance, $204 utilities and $108 set aside for maintenance.
What is the property tax rate in Ramseur?
Ramseur has an effective property tax rate of 1.002%, based on a median home value of $130,000 and median real estate taxes of $1,302. That is higher than the Randolph County average of 0.720%.
What is the average home price in Ramseur?
The median owner-occupied home value in Ramseur, North Carolina is $130,000, against $171,600 across Randolph County.
Is it cheaper to rent or buy in Ramseur?
Median gross rent in Ramseur is $686 a month, against $1,136 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 Ramseur — 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.