The typical owner-occupied home in Edenton is worth about $274,100, 5% below the North Carolina median of $288,900 and 18% below the national median of $332,700. Owners pay a median $2,327 a year in property taxes, about 0.85% of their home's value, higher than the North Carolina rate of 0.66%. The median household earns $38,417 a year, so the median home costs 7.1 times the median income (4.0 times for North Carolina). 52% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.
Edenton at a glance
| Edenton | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $274,100 | $288,900 | $332,700 |
| Median property tax paid per year | $2,327 | $1,896 | $3,119 |
| Property tax as a share of value | 0.85% | 0.66% | 0.94% |
| Median household income | $38,417 | $72,388 | $80,734 |
| Homes lived in by their owners | 52% | 67% | 65% |
| Owner homes with a mortgage | 67% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,744 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 29.0% | 19.4% | 21.0% |
| Median rent | $388 | $1,228 | $1,413 |
| Rent as a share of renters' income | 32.9% | 29.5% | 30.6% |
| Median year homes were built | 1972 | 1991 | 1980 |
| Vacant homes | 22.8% | 12.5% | 10.1% |
| Population | 4,494 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Edenton
At this week's average 30-year rate of 7.11%, buying the median Edenton home of $274,100 with 20% down costs about $1,783 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,240, 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 $76,434 for the 20%-down payment. That payment is 56% of the median Edenton household income of $38,417; at that income and 20% down, the 28% guideline points to a home of about $138,000.
The median rent here is $388 a month, so owning the median home costs about $1,395 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $54,820 |
|---|---|
| Loan amount | $219,280 |
| Principal and interest | $1,475 |
| Property taxes (0.85% a year) | $194 |
| Homeowners insurance (our estimate, 0.5% a year) | $114 |
| PMI | $0 |
| Total per month | $1,783 |
Change the numbers in the calculator
| Down payment | $9,594 |
|---|---|
| Loan amount | $269,135 |
| Principal and interest | $1,810 |
| Property taxes (0.85% a year) | $194 |
| Homeowners insurance (our estimate, 0.5% a year) | $114 |
| FHA mortgage insurance | $121 |
| Total per month | $2,240 |
Change the numbers in the calculator
Questions about home buying in Edenton
What is the median home value in Edenton?
About $274,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Edenton?
Homeowners pay a median $2,327 a year, which is about 0.85% 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 Edenton?
For the median home with 20% down at 7.11%, the payment is about $1,783 a month. Keeping that under 28% of gross income takes about $76,434 a year.
More about Edenton
- Mortgage Refinance in Edenton
- Debt Relief in Edenton
- Home Equity Loans in Edenton
- 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