Total monthly cost of ownership
Cost to Own a Home in Wadesboro, North Carolina
A $99,000 home here costs
$920per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $509. The real number is $411 higher every month — 81% 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.
Wadesboro against Anson County and North Carolina
| Measure | Wadesboro | Anson County |
|---|---|---|
| Median home value | $98,600 | $119,300 |
| Median property tax | $1,060 | $1,113 |
| Effective tax rate | 1.075% | 0.933% |
| Median gross rent | $921 | $849 |
| Population | 4,966 | 21,903 |
The weather behind that power bill
Wadesboro sits in Anson County, which averages a high of 90.7°F in its hottest month and a low of 31.8°F in its coldest, with 47.78" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,835 cooling and 2,997 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Anson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Anson County
Full Anson County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Wadesboro?
A $99,000 home in Wadesboro, North Carolina costs approximately $920 per month with 20% down at 6.66%. That is $509 principal and interest, $89 property tax, $36 homeowners insurance, $204 utilities and $83 set aside for maintenance.
What is the property tax rate in Wadesboro?
Wadesboro has an effective property tax rate of 1.075%, based on a median home value of $98,600 and median real estate taxes of $1,060. That is higher than the Anson County average of 0.933%.
What is the average home price in Wadesboro?
The median owner-occupied home value in Wadesboro, North Carolina is $98,600, against $119,300 across Anson County.
Is it cheaper to rent or buy in Wadesboro?
Median gross rent in Wadesboro is $921 a month, against $920 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Wadesboro — 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.