The typical owner-occupied home in Powellsville is worth about $142,500, 51% below the North Carolina median of $288,900 and 57% below the national median of $332,700. Owners pay a median $921 a year in property taxes, about 0.65% of their home's value, close to the North Carolina rate of 0.66%. The median household earns $53,542 a year, so the median home costs 2.7 times the median income (4.0 times for North Carolina). 97% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Powellsville at a glance
| Powellsville | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $142,500 | $288,900 | $332,700 |
| Median property tax paid per year | $921 | $1,896 | $3,119 |
| Property tax as a share of value | 0.65% | 0.66% | 0.94% |
| Median household income | $53,542 | $72,388 | $80,734 |
| Homes lived in by their owners | 97% | 67% | 65% |
| Owner homes with a mortgage | 72% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,589 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 30.3% | 19.4% | 21.0% |
| Median rent | – | $1,228 | $1,413 |
| Median year homes were built | 1969 | 1991 | 1980 |
| Vacant homes | 17.3% | 12.5% | 10.1% |
| Population | 277 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Powellsville
At this week's average 30-year rate of 7.11%, buying the median Powellsville home of $142,500 with 20% down costs about $903 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,141, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $38,719 for the 20%-down payment. That payment is 20% of the median Powellsville household income of $53,542; at that income and 20% down, the 28% guideline points to a home of about $197,000.
| Down payment | $28,500 |
|---|---|
| Loan amount | $114,000 |
| Principal and interest | $767 |
| Property taxes (0.65% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| PMI | $0 |
| Total per month | $903 |
Change the numbers in the calculator
| Down payment | $4,988 |
|---|---|
| Loan amount | $139,919 |
| Principal and interest | $941 |
| Property taxes (0.65% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| FHA mortgage insurance | $63 |
| Total per month | $1,141 |
Change the numbers in the calculator
Questions about home buying in Powellsville
What is the median home value in Powellsville?
About $142,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Powellsville?
Homeowners pay a median $921 a year, which is about 0.65% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Powellsville?
For the median home with 20% down at 7.11%, the payment is about $903 a month. Keeping that under 28% of gross income takes about $38,719 a year.
More about Powellsville
- Mortgage Refinance in Powellsville
- Debt Relief in Powellsville
- Home Equity Loans in Powellsville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data