The typical owner-occupied home in Wallburg is worth about $343,700, 19% above the North Carolina median of $288,900 and 3% above the national median of $332,700. Owners pay a median $1,696 a year in property taxes, about 0.49% of their home's value, lower than the North Carolina rate of 0.66%. The median household earns $88,406 a year, so the median home costs 3.9 times the median income (4.0 times for North Carolina). 98% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Wallburg at a glance
| Wallburg | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $343,700 | $288,900 | $332,700 |
| Median property tax paid per year | $1,696 | $1,896 | $3,119 |
| Property tax as a share of value | 0.49% | 0.66% | 0.94% |
| Median household income | $88,406 | $72,388 | $80,734 |
| Homes lived in by their owners | 98% | 67% | 65% |
| Owner homes with a mortgage | 51% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,922 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 18.4% | 19.4% | 21.0% |
| Median rent | – | $1,228 | $1,413 |
| Median year homes were built | 1987 | 1991 | 1980 |
| Vacant homes | 1.5% | 12.5% | 10.1% |
| Population | 3,150 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Wallburg
At this week's average 30-year rate of 7.11%, buying the median Wallburg home of $343,700 with 20% down costs about $2,133 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,706, 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 $91,424 for the 20%-down payment. That payment is 29% of the median Wallburg household income of $88,406; at that income and 20% down, the 28% guideline points to a home of about $332,000.
| Down payment | $68,740 |
|---|---|
| Loan amount | $274,960 |
| Principal and interest | $1,850 |
| Property taxes (0.49% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $143 |
| PMI | $0 |
| Total per month | $2,133 |
Change the numbers in the calculator
| Down payment | $12,030 |
|---|---|
| Loan amount | $337,475 |
| Principal and interest | $2,270 |
| Property taxes (0.49% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $143 |
| FHA mortgage insurance | $152 |
| Total per month | $2,706 |
Change the numbers in the calculator
Questions about home buying in Wallburg
What is the median home value in Wallburg?
About $343,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wallburg?
Homeowners pay a median $1,696 a year, which is about 0.49% 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 Wallburg?
For the median home with 20% down at 7.11%, the payment is about $2,133 a month. Keeping that under 28% of gross income takes about $91,424 a year.
More about Wallburg
- Mortgage Refinance in Wallburg
- Debt Relief in Wallburg
- Home Equity Loans in Wallburg
- 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