Cost to Own
United StatesNorth CarolinaHalifax CountyWeldon Population 1,522 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Weldon, North Carolina

A $96,000 home here costs

$932

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

A standard mortgage calculator would have told you $494. The real number is $438 higher every month — 89% more than the payment most buyers budget for.

Weldon median: $96,000
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, $76,800 borrowed $494
Property tax1.494% effective rate for Weldon itself $120
Homeowners insuranceNorth Carolina averages $1,192/yr (NAIC), or 0.435% of home value $35
Electricity15.09¢/kWh — North Carolina residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $80
Total monthly $932

Weldon against Halifax County and North Carolina

MeasureWeldonHalifax County
Median home value$96,000$102,500
Median property tax$1,434$1,163
Effective tax rate1.494%1.135%
Median gross rent$791$776
Population1,52248,219

The weather behind that power bill

Weldon sits in Halifax County, which averages a high of 90.5°F in its hottest month and a low of 30.8°F in its coldest, with 44.38" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,681 cooling and 3,271 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Halifax County

Full Halifax County cost breakdown · Every county in North Carolina

Common questions

How much does it cost to own a home in Weldon?

A $96,000 home in Weldon, North Carolina costs approximately $932 per month with 20% down at 6.66%. That is $494 principal and interest, $120 property tax, $35 homeowners insurance, $204 utilities and $80 set aside for maintenance.

What is the property tax rate in Weldon?

Weldon has an effective property tax rate of 1.494%, based on a median home value of $96,000 and median real estate taxes of $1,434. That is higher than the Halifax County average of 1.135%.

What is the average home price in Weldon?

The median owner-occupied home value in Weldon, North Carolina is $96,000, against $102,500 across Halifax County.

Is it cheaper to rent or buy in Weldon?

Median gross rent in Weldon is $791 a month, against $932 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 Weldon — 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