Total monthly cost of ownership
Cost to Own a Home in Snow Hill, North Carolina
A $121,000 home here costs
$1,060per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $622. The real number is $438 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.
Snow Hill against Greene County and North Carolina
| Measure | Snow Hill | Greene County |
|---|---|---|
| Median home value | $121,300 | $114,000 |
| Median property tax | $1,080 | $990 |
| Effective tax rate | 0.890% | 0.868% |
| Median gross rent | $826 | $845 |
| Population | 2,102 | 20,421 |
The weather behind that power bill
Snow Hill sits in Greene County, which averages a high of 90.7°F in its hottest month and a low of 31.9°F in its coldest, with 50.59" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,841 cooling and 3,014 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Greene County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Greene County
Full Greene County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Snow Hill?
A $121,000 home in Snow Hill, North Carolina costs approximately $1,060 per month with 20% down at 6.66%. That is $622 principal and interest, $90 property tax, $44 homeowners insurance, $204 utilities and $101 set aside for maintenance.
What is the property tax rate in Snow Hill?
Snow Hill has an effective property tax rate of 0.890%, based on a median home value of $121,300 and median real estate taxes of $1,080. That is higher than the Greene County average of 0.868%.
What is the average home price in Snow Hill?
The median owner-occupied home value in Snow Hill, North Carolina is $121,300, against $114,000 across Greene County.
Is it cheaper to rent or buy in Snow Hill?
Median gross rent in Snow Hill is $826 a month, against $1,060 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 Snow Hill — 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.