Cost to Own
United StatesNorth CarolinaCatawba CountySt. Stephens Population 9,409 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in St. Stephens, North Carolina

A $188,000 home here costs

$1,476

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $967. The real number is $509 higher every month — 53% more than the payment most buyers budget for.

St. Stephens median: $187,500
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $150,400 borrowed $967
Property tax0.516% effective rate for St. Stephens itself $81
Homeowners insuranceNorth Carolina averages $1,192/yr (NAIC), or 0.435% of home value $68
Electricity15.09¢/kWh — North Carolina residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $157
Total monthly $1,476

St. Stephens against Catawba County and North Carolina

MeasureSt. StephensCatawba County
Median home value$187,500$218,100
Median property tax$968$1,319
Effective tax rate0.516%0.605%
Median gross rent$864$891
Population9,409162,051

The weather behind that power bill

St. Stephens sits in Catawba County, which averages a high of 88.7°F in its hottest month and a low of 31.3°F in its coldest, with 46.62" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,556 cooling and 3,297 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Catawba County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Catawba County

Full Catawba County cost breakdown · Every county in North Carolina

Common questions

How much does it cost to own a home in St. Stephens?

A $188,000 home in St. Stephens, North Carolina costs approximately $1,476 per month with 20% down at 6.66%. That is $967 principal and interest, $81 property tax, $68 homeowners insurance, $204 utilities and $157 set aside for maintenance.

What is the property tax rate in St. Stephens?

St. Stephens has an effective property tax rate of 0.516%, based on a median home value of $187,500 and median real estate taxes of $968. That is lower than the Catawba County average of 0.605%.

What is the average home price in St. Stephens?

The median owner-occupied home value in St. Stephens, North Carolina is $187,500, against $218,100 across Catawba County.

Is it cheaper to rent or buy in St. Stephens?

Median gross rent in St. Stephens is $864 a month, against $1,476 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 St. Stephens — 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.

Full methodology