The typical owner-occupied home in Harkers Island is worth about $313,100, 8% above the North Carolina median of $288,900 and 6% below the national median of $332,700. Owners pay a median $1,234 a year in property taxes, about 0.39% of their home's value, lower than the North Carolina rate of 0.66%. The median household earns $60,000 a year, so the median home costs 5.2 times the median income (4.0 times for North Carolina). 89% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Harkers Island at a glance
| Harkers Island | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $313,100 | $288,900 | $332,700 |
| Median property tax paid per year | $1,234 | $1,896 | $3,119 |
| Property tax as a share of value | 0.39% | 0.66% | 0.94% |
| Median household income | $60,000 | $72,388 | $80,734 |
| Homes lived in by their owners | 89% | 67% | 65% |
| Owner homes with a mortgage | 45% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,209 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 22.2% | 19.4% | 21.0% |
| Median rent | $1,125 | $1,228 | $1,413 |
| Rent as a share of renters' income | 26.7% | 29.5% | 30.6% |
| Median year homes were built | 1980 | 1991 | 1980 |
| Vacant homes | 60.5% | 12.5% | 10.1% |
| Population | 1,060 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Harkers Island
At this week's average 30-year rate of 7.11%, buying the median Harkers Island home of $313,100 with 20% down costs about $1,917 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,439, 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 $82,166 for the 20%-down payment. That payment is 38% of the median Harkers Island household income of $60,000; at that income and 20% down, the 28% guideline points to a home of about $229,000.
The median rent here is $1,125 a month, so owning the median home costs about $792 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $62,620 |
|---|---|
| Loan amount | $250,480 |
| Principal and interest | $1,685 |
| Property taxes (0.39% a year) | $102 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| PMI | $0 |
| Total per month | $1,917 |
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| Down payment | $10,958 |
|---|---|
| Loan amount | $307,429 |
| Principal and interest | $2,068 |
| Property taxes (0.39% a year) | $102 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| FHA mortgage insurance | $138 |
| Total per month | $2,439 |
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Questions about home buying in Harkers Island
What is the median home value in Harkers Island?
About $313,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harkers Island?
Homeowners pay a median $1,234 a year, which is about 0.39% 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 Harkers Island?
For the median home with 20% down at 7.11%, the payment is about $1,917 a month. Keeping that under 28% of gross income takes about $82,166 a year.
More about Harkers Island
- Mortgage Refinance in Harkers Island
- Debt Relief in Harkers Island
- Home Equity Loans in Harkers Island
- 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