Total monthly cost of ownership
Cost to Own a Home in Swansboro, North Carolina
A $357,000 home here costs
$2,842per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $122,000 a year.
A standard mortgage calculator would have told you $1,977. The real number is $864 higher every month, 44% more than the payment most buyers budget for.
Compare Onslow County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Swansboro from a five-year rolling sample, and with about 3,887 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Onslow County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Swansboro against Onslow County and North Carolina
| Measure | Swansboro | Onslow County |
|---|---|---|
| Median home value | $356,900 | $219,500 |
| Median property tax | $2,587 | $1,431 |
| Effective tax rate | 0.725% | 0.652% |
| Median gross rent | $1,380 | $1,198 |
| Population | 3,887 | 208,537 |
The weather behind that power bill
Swansboro sits in Onslow County, which averages a high of 89.3°F in its hottest month and a low of 35.2°F in its coldest, with 56.51" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 2,022 cooling and 2,497 heating degree days, which is what sets the $154 electricity line above.
See the full climate breakdown for Onslow County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Onslow County
Full Onslow County cost breakdown · Every county in North Carolina
Talk to someone who works this market
These are Swansboro averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Swansboro every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Swansboro I already own here and may sell
Common questions
How much does it cost to own a home in Swansboro?
A $357,000 home in Swansboro, North Carolina costs approximately $2,842 per month with 20% down at 7.4%. That is $1,977 principal and interest, $216 property tax, $129 homeowners insurance, $222 utilities and $298 set aside for maintenance.
What is the property tax rate in Swansboro?
Swansboro has an effective property tax rate of 0.725%, based on a median home value of $356,900 and median real estate taxes of $2,587. That is higher than the Onslow County average of 0.652%.
What is the average home price in Swansboro?
The median owner-occupied home value in Swansboro, North Carolina is $356,900, against $219,500 across Onslow County.
Is it cheaper to rent or buy in Swansboro?
Median gross rent in Swansboro is $1,380 a month, against $2,842 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Swansboro?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Swansboro, North Carolina at today's rate takes a household income of roughly $122,000 a year. That covers the full $2,842 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Swansboro, 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.