Total monthly cost of ownership
Cost to Own a Home in Westport, North Carolina
A $538,000 home here costs
$3,887per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,766. The real number is $1,121 higher every month — 41% 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.
Westport against Lincoln County and North Carolina
| Measure | Westport | Lincoln County |
|---|---|---|
| Median home value | $537,800 | $279,500 |
| Median property tax | $3,292 | $1,660 |
| Effective tax rate | 0.612% | 0.594% |
| Median gross rent | $2,197 | $977 |
| Population | 5,079 | 90,359 |
The weather behind that power bill
Westport sits in Lincoln County, which averages a high of 88.7°F in its hottest month and a low of 30.1°F in its coldest, with 49.5" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,470 cooling and 3,335 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Lincoln County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lincoln County
Full Lincoln County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Westport?
A $538,000 home in Westport, North Carolina costs approximately $3,887 per month with 20% down at 6.66%. That is $2,766 principal and interest, $274 property tax, $195 homeowners insurance, $204 utilities and $448 set aside for maintenance.
What is the property tax rate in Westport?
Westport has an effective property tax rate of 0.612%, based on a median home value of $537,800 and median real estate taxes of $3,292. That is higher than the Lincoln County average of 0.594%.
What is the average home price in Westport?
The median owner-occupied home value in Westport, North Carolina is $537,800, against $279,500 across Lincoln County.
Is it cheaper to rent or buy in Westport?
Median gross rent in Westport is $2,197 a month, against $3,887 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 Westport — 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.